BTC Business Blog

What to Learn from Cloud Data Company Snowflake’s Security Breaches

Written by BTC BROADBAND | Oct 7, 2024 5:45:00 PM

In 2024, a series of significant data breaches affected several high-profile companies using Snowflake’s cloud storage solutions, including Advance Auto Parts, Lending Tree, Ticketmaster, and AT&T. These incidents highlight critical vulnerabilities and provide essential lessons for enhancing cybersecurity.

 

A Series of Unfortunate Events

But malware isn’t the only type of threat you should be aware of. Read our Guide to Cybersecurity for more info.

 

What Can Help Mitigate These Types of Breaches?

Enforce Multi-Factor Authentication (MFA)
All affected companies lacked MFA for their Snowflake accounts, making it easier for attackers to exploit stolen credentials.

Regular Password Changes
Many compromised accounts had not changed their credentials for extended periods.

Network Access Controls
Implementing network allow lists to restrict access to trusted locations can significantly reduce the risk of unauthorized access.

For more about what you should know when considering your own cybersecurity needs, and some of the most dangerous threats that exist, read our Guide to Cybersecurity.

How BTC Tech Protect® Can Help

BTC Tech Protect® offers comprehensive IT management services to safeguard your business against similar breaches.

By partnering with BTC Tech Protect®, businesses can enhance their security posture and protect against costly data breaches.

 

Ready to make your business more resilient to data breaches?

Book a meeting today to embark on a path to enhanced cybersecurity, operational excellence, and uninterrupted growth.

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