Multiple Twitter accounts, including the official Apple profile, Elon Musk, Bill Gates, Barack Obama and other high-profile accounts, were compromised as part of the cryptocurrency scandal. Although Twitter claims there is no evidence that the password was stolen, a new report states that the account hijacking was planned with the help of an agency employee.
The hackers posted Twitter on the damaged accounts asking followers to send bitcoins to unknown accounts. “All bitcoins sent to our address below will be sent to you twice,” the message said. Accounts verified by Twitter lasted about an hour until locked, which was the main target of the attackers.
According to a Motherboard report, the hackers paid a Twitter employee to gain access to the accounts through the social network’s internal control panel.
This tool allows Twitter staff to change related data such as related email addresses for each account. Thanks to this control panel, attackers were able to change the email addresses of certain accounts to gain access to them.
Twitter later confirmed that some of its employees had collaborated with the attack.
Integrated social engineering attacks by people we’ve identified that we’ve successfully targeted some of our employees with access to internal systems and tools.
– Twitter support (@Twitter support) July 16, 2020
However, the company denies that any passwords have been leaked, arguing that users do not need to change their passwords to keep their accounts secure. Since private messages are not encrypted, there is no question of whether hackers gained access to DMs from Twitter accounts. Twitter CEO Jack Dorsey promised the last encrypted DMS in 2018, but it has yet to materialize.
Twitter has told TechCrunch that the affected individuals and organizations will soon regain access to their accounts. More than $ 100,000 was transferred to the cryptocurrency wallet at the time of the account hijacking and the FBI is now investigating the case.
The agency has not yet commented on the incident, saying an investigation into possible security breaches is still ongoing. Twitter stocks (TWTR) are down about 4% from yesterday’s attack, closing at $ 35.20 today.
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