The hack of high-profile Twitter accounts in July was the result of poor cybersecurity by Twitter, concluded a report by the New York State Department of Financial Services. The regulator said that the hackers accessed Twitter's internal systems and pretended to be from the company's IT department. The hackers, led by a 17-year-old, were able to compromise the accounts of former President Barack Obama, Amazon CEO Jeff Bezos, and others and run a bitcoin scam that netted them $118,000 as a result.
More from the report:
- The attacker did not use any sophisticated attack methods such as malware or backdoors.
- Instead, the hackers said that they were responding to problems with the employee's virtual private network and harvested credentials when the employee visited a bogus Twitter VPN website.
- The Twitter attack underscores the need for strong cybersecurity to provide social media platforms from being weaponized during the election.