Protecting Your Business from Snowflake Platform Exploitation by UNC5537

A recent report from Mandiant, a subsidiary of Google Cloud, has uncovered a significant cyber threat involving the exploitation of the Snowflake platform. A financially motivated threat actor, identified as UNC5537, targeted around 165 organizations’ Snowflake customer instances, aiming to steal and exfiltrate data for extortion and sale.

Snowflake, a widely-used cloud data platform, enables the storage and analysis of vast amounts of data. The threat actor gained access to this data by using compromised credentials, which were obtained either through infostealer malware or purchased from other cybercriminals. 

UNC5537 is known for advertising stolen data on cybercrime forums and attempting to extort victims. The sold data can be used for various malicious purposes, including cyber espionage, competitive intelligence, and financial fraud.

The joint statement from Snowflake, Mandiant, and cybersecurity firm CrowdStrike clarifies that there is no evidence of a vulnerability, misconfiguration, or breach within Snowflake’s platform itself. 

Additionally, there is no indication that current or former Snowflake employees’ credentials were compromised. Instead, the attackers acquired credentials from infostealer malware campaigns that infected systems not owned by Snowflake. This allowed them to access and exfiltrate data from the affected Snowflake customer accounts.

Mandiant’s research revealed that UNC5537 primarily used credentials stolen by various infostealer malware families, such as Vidar, Risepro, Redline, Racoon Stealer

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