Twitter is a popular social media platform where users can connect and share their thoughts with a wide variety of audiences. Users generally trust that Twitter keeps their information safe, but that trust appears to have been shaken after a very public and dramatic hack that recently revealed glaring holes in Twitter’s security.
On July 15th, 2020, a number of high-profile Twitter accounts—including those of Barack Obama, Joe Biden, Elon Musk, Kanye West, and Warren Buffet—were briefly taken over by hackers and used to promote a Bitcoin scam.
Twitter locked things down late Wednesday, restricting the ability of any verified account to send tweets as well as restricting other functionality as well. According to Twitter, about 130 accounts were targeted by the attack, and of this number, only a small subset was compromised and used to tweet. Still, given the broad reach of the affected profiles, millions likely saw the messages the attacker(s) sent out. The scam quickly netted over $115,000 in BitcoinBitcoin, which, for reasons explained later, was relatively unremarkable.