Is It Possible for Some Victims of the Twitter Scam to Get Their Money Back

TimeBit
2 min readJul 24, 2020

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Twitter will adding more and more security preparing to put a stop to a rehash of the hack that hit 130 records including VIPs.

Twitter vows to include greater security measures as the aftermath from Wednesday’s wide-scale hack on the social platforms proceeds.

Twitter said in a statement that it is proceeding with its examination concerning the hack while it hopes to give more far reaching security preparing against social engineering strategies. This will be notwithstanding cybersecurity instructing they get during onboarding and progressing phishing exercises.

Around 130 records were settled on Wednesday when programmers took over noticeable Twitter accounts in a Bitcoin fabrication. Those undermined included Elon Musk, Kanye West, Bill Gates, previous VP and current presidential applicant Joe Biden, just as a few crypto firms like Binance, Coinbase, BitFinex and Gemini.

Twitter said the hackers had the option to see individual data like email locations and telephone numbers in spite of the fact that the online networking platform noted past record passwords were not gotten to. Extra data from accounts taken over by hackers may have been seen also.

A Social Engineering Scheme

The attackers focused on representatives, Twitter stated, utilizing schemes purposefully controlling them to play out specific activities and revealing classified data. Hackers utilized Twitter representatives’ certifications to get to inside frameworks which is the reason even records with two-factor assurances were undermined. This influenced just 130 records however programmers changed passwords to 45 of those records. Some usernames may have been sold.

A report from The New York Times said the hackers were group of youngsters and they had arranged the attack in a discord server.

Forensic investigation concerning the hack proceeds, Twitter stated, and the company is completely helping out law implementation.

The extraordinary hack has been regarded a reminder for unified platforms. A few users even discovered hidden messages in certain exchanges. These transactions lead to wallets related with Coinbase and BitPay.

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TimeBit
TimeBit

Written by TimeBit

https://timebit.sg/ is a Blockchain-based financial ecosystem including a cryptocurrency exchange platform, Cloud Services, PAMM Model Trading, Payment Gateway.

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