Observe Statement on Snowflake Incident

Recently, reports have surfaced about a potential compromise of certain Snowflake accounts, but Observe assures that none of their managed accounts were affected. Both Snowflake and Observe independently verified the absence of any indicators of compromise in their accounts, with all user accounts being secured by mandatory multi-factor authentication (MFA), which mitigates the identified attack vector. Observe has adhered to recommendations from Snowflake, ensuring all accounts have MFA enabled, running specific queries to confirm no indicators of compromise, and incorporating Snowflake-provided indicators of compromise (IOCs) into their security monitoring. Observe remains in communication with Snowflake for updates as the investigation progresses and commits to updating their statement with any new information.

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