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Case Study - 2024 Snowflake Data Breach

In 2024, Snowflake experienced a major data breach by the Scattered Spider hacking group, affecting over 100 enterprise clients, including AT&T and Ticketmaster, and exposing sensitive data. The breach involved credential theft, exploitation of weak configurations, and prolonged data exfiltration, leading to significant financial losses and regulatory scrutiny. The incident highlights the urgent need for enhanced cloud security measures, including mandatory multi-factor authentication and proactive threat detection.

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100% found this document useful (1 vote)
96 views4 pages

Case Study - 2024 Snowflake Data Breach

In 2024, Snowflake experienced a major data breach by the Scattered Spider hacking group, affecting over 100 enterprise clients, including AT&T and Ticketmaster, and exposing sensitive data. The breach involved credential theft, exploitation of weak configurations, and prolonged data exfiltration, leading to significant financial losses and regulatory scrutiny. The incident highlights the urgent need for enhanced cloud security measures, including mandatory multi-factor authentication and proactive threat detection.

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Case Study: 2024 Snowflake Data Breach –

A Wake-Up Call for Cloud Security

Overview: A Breach That Shocked the Tech World


In 2024, Snowflake—a global leader in cloud data solutions—suffered one of the most
significant data breaches of the year. This breach, orchestrated by the notorious Scattered
Spider hacking group, exposed sensitive data from over 100 enterprise clients, including
giants like AT&T and Ticketmaster. The incident left companies reeling, with far-reaching
consequences for their customers and cybersecurity practices worldwide.

Timeline of Events: From Suspicion to Chaos


Date Event
Early April 2024 Snowflake detects unusual login activity across multiple customer
accounts.
April 15, 2024 Customers are notified of potential unauthorized access and advised
to reset passwords.
May 10, 2024 Investigators confirm large-scale data exfiltration affecting
sensitive customer information.
May 20, 2024 Cybersecurity firm Mandiant begins forensic analysis to determine
the scope of the breach.
June 5, 2024 Snowflake publicly acknowledges the breach, confirming over 100
customers are affected.
June 12, 2024 AT&T and Ticketmaster confirm breaches; AT&T reveals 50
billion call records were exposed.
July 1, 2024 Regulatory investigations into Snowflake’s security practices are
initiated.
July 15, 2024 Customers voice concerns, with some considering alternative cloud
providers.
August 10, 2024 Snowflake mandates multi-factor authentication (MFA) for all
accounts.
August 25, 2024 Snowflake begins offering complimentary cybersecurity training
for affected customers.
September 5, 2024 Key members of the Scattered Spider hacking group are arrested by
law enforcement.
September 20, 2024 Legal proceedings begin, with charges including conspiracy and
identity theft.
October 10, 2024 Investigations continue to identify any additional data or accounts
affected.
October 30, 2024 Snowflake announces plans to invest in advanced cybersecurity
technologies.
The Breach: How It Happened
Step 1: Credential Theft
Attackers deployed info-stealing malware and social engineering tactics to harvest login
credentials. Weak passwords and the lack of MFA made accessing accounts a breeze.
Step 2: Weak Configurations Exploited
Using stolen credentials, attackers navigated misconfigured account permissions and
escalated their privileges, accessing critical data repositories.
Step 3: Prolonged Data Theft
Rather than a quick smash-and-grab, the breach was a patient, calculated operation.
Encrypted tunnels were used to exfiltrate data over several months, evading detection by
Snowflake’s monitoring systems.

Key Targets and Data Exposed


1. AT&T
o Data Exposed: Approximately 50 billion call records. These included metadata
such as call timings, durations, and numbers involved.
o Impact: Almost all AT&T wireless customers were affected. Although call
content wasn’t exposed, the metadata could be used for profiling and phishing
campaigns.

2. Ticketmaster
o Data Exposed: Event ticket barcodes, including tickets for high-profile
concerts like Taylor Swift’s Eras Tour.
o Impact: Fraudulent usage of ticket barcodes was reported, leading to financial
losses and logistical issues for event organizers.
3. Other Major Companies
o Advance Auto Parts: Proprietary inventory and pricing data were leaked.
o LendingTree: Sensitive customer financial data, including loan application
details, was compromised.
o Bausch Health: Internal business documentation and customer records were
stolen.
Attack Techniques
1. Info-Stealing Malware
o The attackers deployed malware to target employees and contractors, harvesting
their credentials.
o Social engineering tactics, such as phishing emails disguised as official
Snowflake communications, were used.
2. Credential Stuffing and Brute Force
o With stolen credentials, the attackers attempted to access multiple customer
accounts, exploiting users who reused passwords across services.
3. Lateral Movement and Privilege Escalation
o Once inside, attackers leveraged weak permissions and misconfigured roles to
escalate privileges and move laterally within customer environments.

Impact and Aftermath


• Financial Losses:
o Direct losses, including customer compensation and operational disruptions,
were estimated at over $500 million collectively for affected companies.
o Snowflake's stock value dropped significantly in the immediate aftermath.
• Customer Trust:
o Customers questioned Snowflake’s ability to secure sensitive data, leading some
companies to reconsider their reliance on cloud services.
• Regulatory Scrutiny:
o Regulatory bodies launched investigations, imposing stricter requirements for
cloud platforms to implement robust security measures.

Lessons Learned
1. Enable Mandatory Multi-Factor Authentication (MFA):
o MFA should be enforced for all users, including contractors and third-party
service providers.
2. Implement Zero-Trust Architecture:
o Limit user access to only the data and systems necessary for their roles.
Regularly audit permissions to prevent privilege escalation.
3. Proactive Threat Detection:
o Advanced monitoring systems capable of detecting data exfiltration patterns
should be implemented. Real-time alerts for suspicious behavior are crucial.
4. Educate and Train Users:
o Conduct frequent training sessions to educate employees on identifying
phishing attempts and following best security practices.

5. Regular Patching and Updates:


o Cloud service providers must ensure that all software is up-to-date, reducing
exposure to known vulnerabilities.
6. Data Encryption at Rest and in Transit:
o Sensitive data should be encrypted to minimize the impact of a breach, even if
attackers manage to exfiltrate it.

Future Implications
The Snowflake breach serves as a wake-up call for enterprises relying on cloud platforms for
data storage and processing. As cyberattacks become increasingly sophisticated,
organizations must adopt defense-in-depth strategies, combining technology, policies, and
human awareness to safeguard data. This breach underscores the importance of shared
responsibility between cloud providers and customers in maintaining robust security.

Detailed video for this case study


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Bibliography
1. Snowflake. "Public Disclosure of Data Breach and Impact on Customers." June 2024.
2. AT&T. "Call Record Metadata Exposure in Snowflake Breach." June 2024.
3. Ticketmaster. "Fraudulent Ticket Usage After Data Breach." June 2024.
4. "Scattered Spider Cyberattack Techniques." Cybersecurity News Network, September
2024.
5. "Lessons from the Snowflake Data Breach." Forbes Technology Council, October
2024.

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