April 22, 2024

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Twitter Bitcoin Hack Caused by Phone-Based Phishing Attack

Twitter has disclosed a lot more details about the July 15 incident in which hackers ended up capable to accessibility the accounts of a amount of large-profile users to solicit bitcoin payments.

In a weblog submit, the company mentioned hackers targeted a modest amount of personnel by way of a mobile phone spear-phishing attack to obtain certain worker qualifications that authorized them to accessibility interior assist tools.

“This attack relied on a significant and concerted attempt to mislead specified personnel and exploit human vulnerabilities to obtain accessibility to our interior methods,” Twitter mentioned. “This was a placing reminder of how vital every individual on our group is in defending our company.”

In overall, hackers targeted 130 accounts and despatched tweets from forty five of them. The company mentioned the hackers also accessed direct messages of 36 users and downloaded Twitter info from 7 users.

Amongst the large-profile users whose accounts ended up accessed ended up Elon Musk, Joe Biden, Kanye West, Bill Gates, Michael Bloomberg, and Jeff Bezos. Tweets despatched from the accounts available to double the income that visitors despatched to an anonymous bitcoin account. Hackers reportedly stole a lot more than $113,five hundred by way of the scheme.

Graham Clule, a cybersecurity analyst in the U.K., mentioned that by way of the mobile phone spear-phishing attack, a hacker almost certainly certain an worker to hand about qualifications.

“When the worker termed the amount they might have been taken to a convincing (but faux) helpdesk operator, who was then capable to use social engineering strategies to trick the meant victim into handing about their qualifications,” Clulely wrote in a weblog submit.

He mentioned the Twitter update debunked the concept that an worker assisted in the hack.

Twitter, citing the ongoing legislation enforcement probe, mentioned it would supply a a lot more comprehensive report at a later on day.

“Since the attack, we have considerably minimal accessibility to our interior tools and methods to make sure ongoing account safety even though we complete our investigation,” the company mentioned.

Kim Kulish/Corbis via Getty Images

hackers, Twitter