MANDIANT ’ S ANALYSIS UNVEILS CAUSE OF SNOWFLAKE DATA THEFT

Google-owned cybersecurity firm Mandiant has been called in to assist cloud computing giant Snowflake following a major data theft incident .

Mandiant analysis shows the theft has affected up to 165 of Snowflake ’ s 9000 + customers worldwide , and their investigation has shed light on the tactics used to gain entry .

WHY HAVE CYBERSECURITY BUDGETS SOARED FOR TMT COMPANIES ?

A recent report by Moody ’ s shows Telecommunications , Media , and Technology ( TMT ) companies have ballooned their cybersecurity budgets .

From a staggering 125 % increase in cybersecurity budgets between 2019 and 2023 , the surge in spending highlights the growing importance of robust cybersecurity measures in an increasingly digital landscape plagued by cyber threats .

12 August 2024