Data Security Breach Class Action Settlement
Elevated severity · Legal
A class action lawsuit regarding the 2024 credential theft campaign reached a preliminary settlement approval in May 2025, administered pending final court approval.
Vendor dossier // snowflake.com
Also known as Snowflake Computing Inc. · Snowflake
Menlo Park, California, U.S. · Est. 2012 · 9,060 employees
Key people
Last updated: Aug 19, 2026, 01:27 PM · Partial / limited public data
Elevated risk
Conditional
Snowflake experienced a major credential-stuffing campaign in mid-2024 affecting over 160 customer environments due to missing multi-factor authentication,… Limited public data - verify before relying.
Higher score = greater risk. How we score
Risk Score
Research Coverage
Partial
Evidence Quality
Snowflake maintains a comprehensive security and compliance program, holding SOC 1 and SOC 2 Type 2 certifications, and adhering to NIST 800-53 standards . The vendor operates a Trust Center for monitoring security configurations and offers AI-guided remediation for violations through Cortex Code . In 2024, a large-scale credential theft campaign compromised numerous customer accounts lacking multi-factor authentication, though Snowflake's underlying infrastructure was not breached . The company partners with Mandiant and CrowdStrike for incident response and runs a private vulnerability disclosure program via HackerOne .
Data Security Breach Class Action Settlement
Elevated severity · Legal
A class action lawsuit regarding the 2024 credential theft campaign reached a preliminary settlement approval in May 2025, administered pending final court approval.
Snowflake Customer Credential Theft Campaign
High severity · Security
In mid-2024, threat actors used stolen credentials to access over 160 customer environments lacking multi-factor authentication. Snowflake's infrastructure was not compromised, but significant customer data was exfiltrated.
[legal] Data Security Breach Class Action Settlement
A class action lawsuit regarding the 2024 credential theft campaign reached a preliminary settlement approval in May 2025, administered pending final court approval.
May 22, 2025, 12:00 AM · Source
[breach] Snowflake Customer Credential Theft Campaign
In mid-2024, threat actors used stolen credentials to access over 160 customer environments lacking multi-factor authentication. Snowflake's infrastructure was not compromised, but significant customer data was exfiltrated.
May 30, 2024, 12:00 AM · Source
How this vendor uses AI/ML with customer data - model providers, training stance, subprocessors, and relevant DPA language when publicly documented.
AI exposure tier: Moderate AI Exposure
Snowflake has transitioned to an AI-first product strategy, integrating artificial intelligence capabilities directly into its Data Cloud platform. The vendor provides Cortex Code to deliver AI-guided remediation for security violations identified in the Trust Center. While the platform supports customer AI workloads and machine learning pipelines, public disclosures regarding specific third-party large language model providers, customer data training practices, or opt-out mechanisms remain limited. The vendor emphasizes secure AI workload management and posture management through its centralized Trust Center and compliance frameworks.
Snowflake Inc. is a publicly traded cloud data platform company founded in 2012 and headquartered in Menlo Park, California . The company trades on the NYSE under the ticker SNOW and reported revenues of approximately $4.68 billion in 2026 . It employs roughly 9,060 people and operates a Data Cloud strategy that enables organizations to consolidate, secure, and analyze data across multiple cloud environments . The executive team is led by CEO Sridhar Ramaswamy, who took over in February 2024, and Chairman Frank Slootman . Brian Robins joined as Chief Financial Officer in September 2025 .
Snowflake offers a cloud-native data platform that functions as a data warehouse, data lake, and data sharing service . It supports SQL, Python, and Snowpark for data manipulation and analytics . The platform is fully managed and runs on Amazon Web Services, Microsoft Azure, and Google Cloud Platform . It provides features for data engineering, analytics, AI workloads, and secure data exchange . Competitors in the cloud data warehouse space include Databricks, Google BigQuery, Amazon Redshift, and Microsoft Azure Synapse Analytics .
In mid-2024, Snowflake disclosed a widespread attack campaign where threat actors used stolen credentials to access customer environments that lacked multi-factor authentication . The incident impacted over 160 organizations, including major retailers and financial institutions, and resulted in significant data theft . Investigations by Mandiant and CrowdStrike confirmed the vendor's infrastructure was not compromised . The campaign led to federal indictments of the attackers and a class action lawsuit, which reached a preliminary settlement approval in May 2025 . The vendor has since emphasized multi-factor authentication enforcement and enhanced security monitoring tools .
Fourth parties this vendor relies on - subprocessors, infrastructure, and integrations surfaced from public sources.
Vendors offering a similar product or service - for side-by-side comparison, not a ranking.
Databricks
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30 sources · Generated Aug 19, 2026, 01:27 PM
Every verdict stores the public sources retrieved for this run. Read our methodology.
Input sources · retrieved Aug 19, 2026, 01:27 PM
Snowflake Inc. - Wikipedia
Company
About Snowflake
Company
Snowflake Inc Company Profile - Snowflake Inc Overview - GlobalData
AI-generated assessment based on publicly available sources. Verify critical findings before contractual reliance. Analysis is advisory, not a compliance attestation, and is subject to data availability.
Last assessed
Aug 19, 2026, 01:27 PM
Material findings
2
Years in business: 14 yrs. Material incidents: 2.
Snowflake experienced a major credential-stuffing campaign in mid-2024 affecting over 160 customer environments due to missing multi-factor authentication, though its own infrastructure remained uncompromised . The incident triggered widespread customer data theft, federal indictments, and a class action settlement preliminarily approved in May 2025 . While the vendor maintains strong compliance certifications and has enhanced security tools, the scale of the customer impact and ongoing legal proceedings warrant an Elevated Risk tier .
No workspace decision recorded for this assessment yet.
The system recommendation is above.
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