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Expert(s): November 30, 2020
Ed Bishop
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Tessian

Comments Dotted : 1
July 16, 2020

Experts Insight On Major US Twitter Accounts Hacked in Bitcoin Scam

Twitter's description of the attack highlights the need to protect people within an organization at all costs.
Although this incident started with a social engineering attack, this is just the beginning. Once someone's account has been compromised, an attacker will often launch a horizontal attack within the organization to compromise more internal accounts, until they reach the account with the permissions they need. The attacker must have either known Twitter's systems, or spent time poking around, to learn how to backdoor into people's accounts and tweet on their behalf. Twitter's description of.....Read More
Although this incident started with a social engineering attack, this is just the beginning. Once someone's account has been compromised, an attacker will often launch a horizontal attack within the organization to compromise more internal accounts, until they reach the account with the permissions they need. The attacker must have either known Twitter's systems, or spent time poking around, to learn how to backdoor into people's accounts and tweet on their behalf. Twitter's description of the attack highlights the need to protect people within an organization at all costs. Social engineering attacks - often a spear-phishing email that impersonates a trusted party - are designed to trick or persuade an employee to visit a fraudulent website that then steals credentials, or installs malware. This incident also shows the importance of limiting permissions for administrators.  Read Less
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"Twitter\'s description of the attack highlights the need to protect people within an organization at all costs. ..."
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