Skip to main content

Twitter says 130 accounts were affected in the giant hack that wiped $1.3 billion off its market value

* Twitter said Thursday it thinks 130 accounts were affected by its recent huge hack. * On Wednesday high-profile accounts belonging to dozens of public figures including Joe Biden, Elon Musk, and Kim Kardashian tweeted links to a Bitcoin scam. * Twitter's investigation suggests the hack was broader than just this Bitcoin scam. * Visit Business Insider's homepage for more stories. Twitter's investigation into the Wednesday's hack which affected high-profile accounts belonging to Barack Obama, Joe Biden, Elon Musk, Bill Gates, Kim Kardashian and many more, has found some 130 accounts were affected. "Based on what we know right now, we believe approximately 130 accounts were targeted by the attackers in some way as part of the incident," Twitter said in a statement on Thursday. On Wednesday dozens of high-profile accounts started tweeting a Bitcoin scam, asking followers to send money to a Bitcoin wallet address and promising to send back double the amount. Twitter's stock slid the day after the hack, wiping $1.3 billion off its market value. Twitter's statement hinted that although the high-profile accounts were very visible, the attack was broader than just the Bitcoin scam. "For a small subset of these accounts, the attackers were able to gain control of the accounts and then send Tweets from those accounts." Based on what we know right now, we believe approximately 130 accounts were targeted by the attackers in some way as part of the incident. For a small subset of these accounts, the attackers were able to gain control of the accounts and then send Tweets from those accounts. — Twitter Support (@TwitterSupport) July 17, 2020   Twitter added it will work with the affected account holders over the next few days. "We are continuing to assess whether non-public data related to these accounts was compromised, and will provide updates if we determine that occurred," it added. Non-public data could constitute private messages belonging to the impacted accounts. Twitter said on Wednesday the hack was a "social engineering attack by people who successfully targeted some of our employees with access to internal systems and tools." Social engineering is a term which means a hack where the attackers trick or convince someone into handing over access, rather than hacking into a system by technical means. Screenshots obtained by Business Insider, as well as a report by Motherboard, indicate the hackers had gained access to an internal Twitter dashboard that allowed them to change the email addresses tied to people's accounts. TechCrunch reported something similar, that the hackers gained access to an internal admin tool. SEE ALSO: A hacker forum obsessed with super-short 'OG' handles was selling Twitter account access for $3,000 days before the giant hack Join the conversation about this story » NOW WATCH: July 15 is Tax Day — here's what it's like to do your own taxes for the very first time
https://bit.ly/3eGGSRU

Popular posts from this blog

PayPal parts with top advertising executive after shifting its marketing strategy during the pandemic

* PayPal's chief creative officer Steve Simpson, its top advertising executive, left the company after about a year. * The move came after PayPal shifted its marketing strategy during the coronavirus pandemic, placing less emphasis on the brand and more on catering to small businesses, said a source with direct knowledge of the marketing operation. * Simpson's departure followed that of CMO and former Apple executive Allison Johnson in May. Both "decided to leave PayPal" as the company streamlines its global marketing functions, according to a PayPal spokeswoman. * Visit Business Insider's homepage for more stories. PayPal's highest-ranking ad executive Steve Simpson left earlier this month after just over a year as part of a restructuring of its global marketing business. Simpson, who was chief creative officer, was hired to make high-minded ad campaigns to help PayPal stand out from competitors like Square, Stripe, and Apple Pay. But this strategy chan...

TikTok confirms it will sue the US government, alleging Trump failed to provide 'due process' before issuing ban

* TikTok confirmed Saturday that the company planned to sue the US government over President Donald Trump's executive orders targeting the popular app. * A company spokesperson said TikTok experienced "a lack of due process as the administration paid no attention to facts and tried to insert itself into negotiations between private businesses." * TikTok, which has surged in popularity over the past year, was known as Musical.ly until it was purchased by the Chinese company ByteDance in 2017 and renamed. * The president on August 6 and August 14 signed executive orders targeting TikTok.  * Visit Business Insider's homepage for more stories. TikTok on Saturday announced it plans to sue the US government over President Donald Trump's executive orders pertaining to its ownership, arguing the company was deprived of its due process rights. The president, who began targeting TikTok in July, issued an executive order August 6 making it illegal for American compani...

A pair of former champions headline UFC Fight Night: Munhoz vs Edgar — How to watch

  * UFC Fight Night: Munhoz vs Edgar will be streamed live on August 22, exclusively through the ESPN+ streaming service. * In the main event, former UFC Lightweight champion Frankie Edgar will make his debut in the bantamweight division in the 27th match of his UFC career. * With 13 career wins by knockout or submission, 5th ranked Pedro Munhoz is the former Resurrection Fighting Alliance bantamweight champion and one of the UFC division's most formidible fighters. * Prelims are set to start at 6 p.m. ET and the main card is scheduled to begin at 8:30 p.m. ET. * Every UFC Fight Night event is included with an ESPN+ subscription, which costs $6.99 per month or $49.99 per year. Product Card Module: Monthly Subscription Service Card size: small Former UFC lightweight champion Frankie Edgar will make his bantamweight debut against #5 ranked Pedro Munhoz in the main event of UFC Fight Night: Munhoz vs Edgar on August 22. Munhoz has dominated opponents in his 18 career wins...