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Twitter attacks highlight platform’s lack of security and resilience
- Friday | 17th July, 2020
The financial damage may be limited because multiple exchanges blocked other payments after their own Twitter accounts were targeted. It’s the middle of the day in San Francisco, and it takes them five hours to get a handle on the incident,” said Dan Guido, CEO of security company Trail of Bits. Twitter said it was not yet certain what the hackers may have done beyond sending the bitcoin messages. Mass compromises of Twitter accounts via theft of employee credentials or problems with third-party applications that many users employ have occurred before. Several users with two-factor authentication – a security procedure that helps prevent break-in attempts – said they were powerless to stop it.
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