Massive Twitter Hack Hijacks Famous Accounts | Avast

Massive Twitter Hack Hijacks Famous Accounts | Avast
Avast Security News Team, 17 July 2020

Plus, more newsbytes of the week including a new ransomware based on a Google encryption and a cyberattack ordered by President Trump



A cryptocurrency scam took Twitter by storm on Wednesday as numerous high-profile accounts were hijacked and used to solicit their millions of followers for bitcoins with the false promise of giving each donor twice their amount back. The accounts of Barack Obama, Elon Musk, Bill Gates, Joe Biden, Jeff Bezos, Kanye West, Kim Kardashian, and other famous figures were hacked, each displaying tweets such as this one from Elon Musk’s account: “I’m feeling generous because of COVID-19. I’ll double any BTC payment sent to my BTC address for the next hour. Good luck, and stay safe out there!” Within hours, the bitcoin address listed in the fallacious tweets had received over $113,000.  “We detected what we believe to be a coordinated social engineering attack by people who successfully targeted some of our employees with access to internal systems and tools,” Twitter Support posted in a tweet on Wednesday. CNET reported that for the first two hours of the attack, Twitter struggled to get on top of it, causing many users to get error messages when they tried to use the service. The Twitter Support team activated and deactivated restrictions throughout the day as they tried to get to the heart of the problem. “There is no way to protect our accounts against such an attack,” commented Avast Security Evangelist Luis Corrons. “This should open our eyes and make us realize that ANY information we pu ..

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