Cryptocurrency

Twitter reveals: the Bitcoin Hack delivery in the case of Jeff Bezos, Bill Gates, Elon Musk & co.

Twitter identified the recent Hack as a Phishing attack known as Spear Phishing.Only a small number of employees data was used.Twitter has significantly limited access to internal Tools.

So the Bitcoin supply Hack

Twitter has found out that the recent Hack was a result of the so-called Spear Phishing. Hacker caused Chaos after they had gained temporary access to internal Tools.

A Blog Post Update from Twitter on Thursday morning informed the Public about the recent Hack, in which high-profile user accounts, with the usual Bitcoin scams have been compromised.

The publication, according to Spear-Phishing used “”attacks, “human vulnerabilities”, to employees of the Social Media fool you giant.

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The Update will appear two weeks after the Hack, of the various Influencers of the platform, including Elon Musk and Bill Gates, were affected.

What is Spear Phishing?

Previously, Twitter had referred to the method by which the access data has been compromised, as a “coordinated attack”. The hackers gained access to the account information of Twitter employees, some of which have access to internal Tools and thus had the opportunity to post on the accounts of the user.

The Standard Phishing, hackers pose as legitimate services, such as banks. You are asking the user to log in, a password reset, or on a Website. Often, the user is brought to after the theft of the information on the true Website, and is therefore completely clueless.

Spear-Phishing, according to security firm Kaspersky a little more personal:

“Spear Phishing is an E-Mail or electronic communications to the fraud, aimed at a specific Person, organization or company.”

In contrast to the traditional Phishing, sending bulk E-Mails hoping to get a couple of vulnerable users, requires Spear Phishing, the exploration of a particular destination. With other words: The attack was not a stroke of luck, but a time-consuming and researched attack that aimed to get to the account data of certain Twitter employees.

Only Conspiracy Theories?

After the access, the hackers claimed that larger amounts of crypto-currencies like Bitcoin, in vain, to offer and to send in return for smaller amounts of specific addresses (of course, for charity). Clearly, those that were fell for it, received nothing back.

There are also other, darker here, motivations are given.

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As less than $ 200,000 were stolen, could have been created by the attack to humiliate Twitter. Best-selling author Don Winslow suggests that it was only a test run. He believes that the Hack with the Manipulation around the U. S.-the choice depends on.

Others are speculating that you might have tried to back crypto-currencies in a bad light.

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About the author

Eve Manning

Eve Manning

A native Texan, Eve first started out as a Finance Analyst and later realized that her true passion was not in trading but in writing. She leverages her experience in the Finance industry to analyse and write in-depth news articles covering the Cryptocurrencies, Economy & Finance industries.

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