Twitter Bitcoin scam explained The hack came to light when tweets requesting donations in cryptocurrency by prominent personalities like Barack Obama, Elon Musk and Bill Gates started doing the rounds on the platform. — Swift⬡nSecurity (@SwiftOnSecurity) July 15, 2020. How about all the other accounts they didn't flip with that message?". Investigators have also not ruled out the possibility of nation-state involvement in the attack, though at the moment there does not appear to be evidence of it, according to a person familiar with the matter. Ashkan Soltani, a security expert and former chief technologist at the Federal Trade Commission, said it's not unusual for tech companies to have internal tools such as these. Published 23 July. Factset: FactSet Research Systems Inc.2018. Twitter's massive Twitter hackers made $121,000 bitcoin, analysis shows Elon Musk and others community a seemingly impossible network. Under normal circumstances, agent tools can only be accessed while employees are connected to the company intranet — meaning they must be physically in the office or logged into the network via VPN. Let’s first just explain what we’re looking at here. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. Factset: FactSet Research Systems Inc.2018. Disclaimer. In other words, the hacked users could have been looking at their Twitter accounts as if nothing had changed. The FBI is involved, too: Officials said Thursday they are investigating the incident, and law enforcement sources have told CNN the agency is reviewing what appear to be screenshots of Twitter's internal account management software circulating on social media. An account protected by two-factor authentication will ask users to provide not only a correct username and password, but also a verification code sent to a separate device that a legitimate user would control. If the former employees' theory is correct, then all the hackers needed to do in taking over these prominent accounts was to disable two-factor authentication if it was enabled, change the destination address for password resets, then surreptitiously change the victims' passwords and log in with the new credentials. While it is a possibility, they acknowledged, there is no evidence that Twitter relaxed its security to accommodate working from home. The Benjamin Netanyahu Twitter hack that never was. Technically, it was an inside job and not even a hack. While the nature of the attack is becoming clearer, what remains a mystery is how the hackers gained access to agent tools in the first place. Twitter responded by temporarily freezing the ability to tweet or reset passwords for its verified users, everyone with a blue tick. Rumours started floating around There are some things agent tools do not allow, according to one of the people: The platform does not directly grant access to the contents of users' direct messages, for example. And to log into agent tools itself, the employees must provide their own corporate username and password. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. The attack could have happened right under the noses of the people whose accounts were taken over. Those wallets will be forever radioactive as law enforcement eyes them for withdrawals or transfers that could be traced back to the original attackers, said Kenn White, a security principal at the software database company MongoDB. One of agent tools' capabilities is the power to disable two-factor authentication, one of the people said. The former employees' analysis focuses on the same software, a powerful tool that gives a significant number of authorized Twitter workers the ability to manage high-profile accounts, including by viewing protected user information and even changing email addresses linked to the accounts, according to interviews with several former employees, all of whom spoke with CNN on condition of anonymity to discuss a former employer. Facebook's Twitter and Instagram accounts hacked. The incident was carried out by four young hackers. Twitter hacked: What happened, how account of prominent personalities were used in the Bitcoin scam. Twitter explains what it knows about the massive Bitcoin scam attack from Wednesday. This includes the toggle options found on the homepage (Pictures, DM’s, Videos, and Passwords). But that still doesn't explain how the hackers could take control of the accounts. "We only know about the accounts they flipped with that message. The FBI said Thursday it is now investigating the incident. What likely occurred, the former employees said, is that the attackers used the tool to change the email addresses associated with the targeted Twitter accounts, then sent password-reset instructions to new email addresses under the hackers' control. These limitations may help explain why the hackers targeted a wide range of current Twitter employees. One of the most sensitive capabilities associated with Twitter's tool is the ability to change the email addresses to which Twitter sends password-reset instructions. Hundreds of Twitter employees have access to agent tools, according to one of the people who participated in the former-employee discussions. This internal tool is intended for employees to handle customer support requests and to moderate content, said a person familiar with Twitter's security. Analysis by The Independent in 2018 uncovered hundreds of transactions sent to cryptocurrency scammers operating on Twitter, resulting in thousands of … Once the hackers were able to alter the user passwords, they could log into the Twitter accounts as if they were the rightful owners. All times are ET. Morningstar: Copyright 2018 Morningstar, Inc. All Rights Reserved. explained: What exactly happened hack explained: What are hacked Twitter to run one- or two-character distinctive Schiener explained that, perpetrators. massive Twitter hack, Bitcoin Schiener explained that, broadly, analysis shows. A teenage hacker, known in the digital underground as GMZ, claims he obtained access to the micro-blogging site’s admin controls using a brute force dictionary attack. Who was affected? And a person close to the Biden campaign told CNN Thursday that Twitter has not shared much more with victims of the attack than it has released to the public. Twitter also hasn't disclosed who may have been behind the attack or any information about the targeted employees. Access to agent tools is limited by a number of safeguards, the former employees said. Alex Marquardt, Evan Perez and Donie O'Sullivan contributed to this story. Twitter has said there is no evidence passwords were stolen, but it is, The person close to the Biden campaign said that in the case of Biden's account, there are no compromising messages to be found. "If Ivanka [Trump's] account were to tweet the extreme hypothetical, 'I'm so proud of my father tonight for making the hard decisions; nuclear war is never easy, but we'll win it,' that would ... be problematic," said an ex-Twitter employee, speaking on condition of anonymity to discuss a former employer. By Hubert Davis Jul 18, 2020 Following the massive security breach as part of a Bitcoin donation scam, Twitter has issued a detailed public statement about what happened and how it plans to respond. "I can confirm there are many layers of controls," Coates said, speaking of Twitter's internal systems broadly. But what little has been revealed about the hack so far has already raised serious concerns from policymakers, security experts and some close to Twitter. Twitter has outlined in broad strokes a sophisticated and coordinated "social engineering" attack on its workforce that the hacker or hackers launched in order to ". "I've seen the DMs over there, and it's nothing special," the person said. So far, the company has revealed some important clues. The “Sequence Required to Upload” is the code you’re looking for to complete the hack. July 17, 2020 , 8:02 pm , Learn, Trader insights, Weekly; BTCUSD trends lower but still without a large move to break out of the sideways pattern. Prosecutors and the defense argued over whether the teen's considerable assets were legally obtained. 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(CNN Business) A group of former Twitter (TWTR) employees who watched in shock as a hack compromised the accounts of some of the most prominent people on … They all requested money be … Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. (CNN Business)A group of former Twitter (TWTR) employees who watched in shock as a hack compromised the accounts of some of the most prominent people on the social network, including Barack Obama, Joe Biden and Elon Musk, are among those trying to figure out how an attack of such staggering proportions could have happened. It blamed a "coordinated social engineering attack" against some of its … Moments later, the Syrian Electronic Army claimed responsibility for the attack. “Tough day for us at Twitter. 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