Twitter says 'social engineering' let hackers access verified accounts for Bitcoin scam

Twitter says 'social engineering' let hackers access verified accounts for Bitcoin scam”

However, access to the tools is strictly limited and only granted for legitimate business reasons.

As noted by previous reports and Twitter, attackers used the internal admin privileges to bypass two-factor authentication protections, changing the email and password credentials of targeted accounts.

The embarrassing July 15 attack affected the accounts of some of Twitter's most high-profile users, including Tesla CEO Elon Musk and celebrities Kanye West and his wife, Kim Kardashian West, in an apparent attempt to lure their followers into sending money to an anonymous Bitcoin account.

In earlier updates, Twitter said it found no evidence that the scammers never gained access to the impacted accounts' passwords and that they will not be reset.

Attackers also targeted specific employees who had access to account support tools, Twitter said here adding that it restricted access to its internal tools and systems ever since the incident occurred. Hackers further downloaded undisclosed "Twitter Data" from seven accounts, the company said.

On July 15, a number of high-profile verified Twitter accounts, including Elon Musk and Jeff Bezos, began tweeting out a freakish promise to double Bitcoin donations sent to them.

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According to the company, a small number of employees were targeted in a "phone spear phishing attack", suggesting that hackers called some of its staff and duped them into thinking they were speaking with fellow Twitter employees, leading them to reveal the credentials the hackers needed to access internal account support tools.

"Using the credentials of employees with access to these tools, the attackers targeted 130 Twitter accounts, ultimately Tweeting from 45, accessing the DM inbox of 36, and downloading the Twitter Data of 7", Twitter wrote in their statement.

Generally, spear phishing is where criminals target an individual and use correct information about them to lull them into a false sense of security.

"As a result, some features (namely, accessing the Your Twitter Data download feature) and processes have been impacted".

According to a Reuters report, over 1,000 Twitter contractors and employees had access to the company's internal tools before the attack. "We take that responsibility seriously and everyone at Twitter is committed to keeping your information safe".

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