UK retailer Asos' stock falls 10%+ after users got app notifications saying “we have fully compromised the Snowflake instance”; source: Asos is investigating
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Financial Times: UK retailer Asos’ stock falls 10%+ after users got app notifications saying “we have fully compromised the Snowflake instance”; source: Asos is investigating  —  Shares in FTSE 250 retailer fall more than 10% following reports from mobile users  —  Shares in Asos fell …

  • nymnympseudonym@piefed.socialEnglish
    2·
    7 hours ago

    non-paywalled infosec article answered a basic question I had

    Snowflake is a cloud-based data platform that companies use to store, manage, analyze and share large amounts of data. Rather than keeping data on a company’s own physical servers, Snowflake provides cloud infrastructure that allows organizations to centralize data and access it from different systems and locations.