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New York State Department Of Financial Services Calls For Greater Cybersecurity Measures Following Twitter's July Hack
Summary: The New York State Department of Financial Services called for stronger cybersecurity measures in big tech companies to prevent the weaponization of social media platforms in a recent report responding to the massive Bitcoin Twitter hack on July 15. In July, a 17-year-old hacker and several accomplices gained control of prominent Twitter accounts to advertise ...
The New York State Department of Financial Services called for stronger cybersecurity measures in big tech companies to prevent the weaponization of social media platforms in a recent report responding to the massive Bitcoin Twitter hack on July 15.
In July, a 17-year-old hacker and several accomplices gained control of prominent Twitter accounts to advertise a Bitcoin scam. The hack gained widespread attention and called into question the security of the platform.
A report published on Wednesday, October 14 from the NYDFS stated that the hack demonstrated Twitter's weak security infrastructure. This weakness, the report argued, presents a threat to society given that influential social media platforms have been shown to manipulate markets and even elections.
By Emily Mason
Tags: Cybersecurity,NYDFS,Twitter Hack
Link: New York State Department Of Financial Services Calls For Greater Cybersecurity Measures Following Twitter's July Hack [Copy]
