Altcoins Talks - Cryptocurrency Forum

Learning & News => News related to Crypto => Topic started by: Goodcat49 on July 28, 2020, 10:56:30 PM

Title: Dorsey & Co Were Aware of Security Issues With Twitter Users Since 2015
Post by: Goodcat49 on July 28, 2020, 10:56:30 PM
Twitter has been warned about security issues related to employees’ credentials since 2015.

Numerous unnecessary employees at Twitter allegedly have the ability to reset users’ accounts and modify their security settings. This is a problem that Jack Dorsey, chief executive officer, and the company’s board were warned about all the way back in 2015.

According to Bloomberg, Twitter has over 1,500 workers with the abilities to reset accounts and review user breaches. This led to speculation that the hack on July 15 could have been prevented if timelier actions were taken.

Security concerns addressed

The report clarified that such credentials gave limited access to most of the workers involved in the social network’s security department. They do note however that it is “a starting point to snoop on or even hack an account.”

The “Risk Factors” section of Twitter’s 10-K annual report, filed in 2015 with the Securities Exchange Commission, or SEC, confirms that Dorsey & Co. had long been warned of this potential attack vector:

“Our security measures may also be breached due to employee error, malfeasance, or otherwise. Additionally, outside parties may attempt to fraudulently induce employees, users or advertisers to disclose sensitive information in order to gain access to our data or our users’ or advertisers’ data or accounts, or may otherwise obtain access to such data or accounts.”

https://cointelegraph.com/news/dorsey-co-were-aware-of-security-issues-with-twitter-users-since-2015