Twitter data breach: Social engineering attack made a mockery of security controls

By Jay Jay for teiss
Thursday, July 16, 2020

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On Thursday morning, millions of Internet users all over the world woke up to the most audacious social engineering campaign ever. Right in front of their eyes, spammers hijacked the Twitter accounts of dozens of global celebrities, and live-tweeted bogus Bitcoin exchange deals with impunity.

"This attack is unprecedently smart and coordinated, it will likely bring fruits to the hackers behind. This incident highlights the extreme fragility of the modern information space. In a similar disinformation campaign, nation-state actors may simply announce a military or nuclear incident and provoke national havoc, or spread fake news about rival business to ruin its stock price and then purchase it for pennies," warned Ilia Kolochenko, Founder & CEO of ImmuniWeb. Read Full Article