A recent study shows that online Bitcoin related attack occurs with VIP tweeter users to hack their twitter account. It was about four in the afternoon Wednesday on the East Coast when chaos struck online. Dozens of the biggest names in U.S. including Joe Biden, Kanye West, Barack Obama, Bill Gates and Elon Musk posted similar messages on Twitter. Send bitcoins and the famous people would send back double your money. The first wave of attacks hit the Twitter account of prominent cryptocurrency leaders and companies to hack Twitter account. But soon after, the list of victims elaborated to include a Who’s Who of Americans in politics, entertainment and technology in a major show of force by some hackers.
Twitter quickly removed many of the messages. But in some cases as it is tweets again from the same accounts and suggesting that Twitter was powerless to regain control and maintenance. Twitter’s investigation into the breach revealed that several employees who had straight access to internal systems. They had their accounts compromised in a “coordinated socio-engineering attack,” a spokesman said. Referring to attacks that scam people into giving up their credentials. The attackers then used internal systems of Twitter to tweet from high-profile accounts like Biden’s.“We’re looking into what other suspicious issue they may have conducted,” Twitter’s spokesman added.
“While our investigations are on progress, we’ve taken some proper steps to restrict and put limit for approaching to internal systems as well as tools . Jack Dorsey, Twitter’s chief executive, said in a post Wednesday that it was a tough day for us at Twitter. All we feel giddy and terrible this happened that time. We’re analyzing and will share everything we can when we have more complete understanding of exactly what happened that time. There was little immediate evidence for who conducted the sudden attack on Twitter accounts. One of the most apparent culprits for an attack of this scale is North Korea.
We know that they did hacking Bitcoin extensively issue in the past. But its nature effective and also amateurish. In the words of one senior American intelligence official led United States intelligence agencies(USIA) also presented here. He said that was an initial assessment that this was most likely the task of an individual hacker. Not a state. The hackers did not use their access to target at any important infrastructures or organizations. Just asking for bitcoins instead to hack Twitter.
Tweeter hack issue analysis
However, Because it advised that the hackers could have easily caused much more annihilation. Had it been Russia, North Korea, Iran or China, said the official. Who would not speak on the record because they were not authorized to explore an intelligence investigation. The effort would have probably focused on trying to trigger stock market(SE) havoc. Perhaps the issuance of political pronouncements in the name of targets to hack tweeter. Security experts said that the wide-ranging attacks hinted that the problem was caused by a security error in Twitter’s service. Not by lax security measures used by the people who were targeted.
The director of the Stanford Internet Observatory and the former chief security officer at Facebook, Alex Stamos, described there were a range of other theories but all of them suggested that the attackers got inside Twitter’s system, he said. Rather than stealing the password of individual users slowly. One American official called that a “scary possibility”. In a world where national leaders, sometimes copying Trump’s techniques, have adopted Twitter as a primary source of unfiltered communication.
Officials also noted that the contravention did not affect the account of one of the most powerful users of Twitter: President Trump. Trump’s account is under a special kind of lock and key after past incidents, the official noted for this. In fact, Bitcoin is a popular vehicle for this type of scam because once a victim sends money, the design of Bitcoin, with no institution in charge, makes it essentially not possible to recover the currency. A spokesman for the tolerated campaign said that Twitter had removed the tweet promoting the scam and secured down Biden’s accounts after hacking.
Twitter primarily handled the attacks by taking down the upsetting tweets. By Wednesday evening, the Bitcoin wallet promoted in the tweets had received over three hundred transactions and held bitcoins worth over one lac dollars, in accordance with websites that track Bitcoin’s public ledger of transactions, known as ‘blockchain’.
As Twitter locked down verified accounts in an attempt to stop this sudden Twitter hack. The company also hampered its performance as real-time news services. Also, on this evening, Sen. Josh Hawley, R-Mo., wrote a letter to Dorsey asking for info on this effect of attack, including how many users were compromised for that hacking. Anyway, Twitter has become the most important platform when it comes to discussion among political elites, and it has real vulnerabilities what we have seen.