At the time of the July 15 attack, Twitter did not have an information security officer and suffered from poor internal security checks, the report concludes.
Officials behind the report called for further cybersecurity regulation of major technology platforms.
In a statement, Twitter said it had taken steps to improve the security of its platform, cooperated with the Department̵
“Protecting people’s privacy and safety is a top priority for Twitter and it’s not a responsibility we take lightly,” the statement said. “We have continually invested in improvements to our teams and to our technology that enable people to use Twitter safely. This work is constant and ever-changing.”
The high-profile hack saw several celebrity accounts detected by a bitcoin scam that promised victims a 100% return on their investments. In addition to Obama and Musk, the hackers were able to detect accounts belonging to Joe Biden, Kim Kardashian West, Uber and Apple, among others. As one of the nation’s leading virtual currency regulators, the Department began its investigation into the attack shortly after it came to light and is based on subpoenas, witness interviews and documentary documents.
“Since moving into remote work, VPN problems have been common on Twitter,” the report said. “The hackers then tried to direct the employee to a phishing website that looked identical to Twitter’s legitimate VPN website and was hosted by a similarly named domain.”
The hackers used the fake website to steal the employee’s login credentials, the report said, then typed the stolen information into the real Twitter administrative website, resulting in a multi-factor authentication challenge, which the employee completed. ensuring access to the Twitter backend.
Eventually, the scheme led to a bitcoin scam that was widely spread to millions of users and resulted in a loot of $ 118,000 worth of bitcoin, the report said.