AT&T apparently paid a hacker a lot of money to erase stolen phone data

A poorly secured Snowflake account has reportedly cost AT&T more than $300,000 following the recent cyberattack on the telecom giant.

A few months ago, it was reported that a cybercriminal had managed to compromise over 150 corporate accounts on Snowflake. This was due to poor password hygiene and not securing the accounts with multi-factor authentication (MFA).