Recent Bitcoin scam on Twitter that compromised several major companies verified accounts came from a third-party app

Twitter’s clarification on the recent hack and scam marathon saying that the third marketing apps were the ones compromised by hackers. 

Following the recent hacks to several prominent brands’ Twitter accounts that happened consecutively within a short period of time, Twitter made a clarification that the hacks didn’t happen on their platform.

The social media platform, instead, pointing out to third-party apps being used by the brands to manage their social posts, without mentioning in specific which apps they refer to.

In their email to The Next Web, the company’s spokesperson confirmed that the recent attacks experienced by Target and Google were coming from their compromised third-party social media management software.

One of the victims, Target also “revised” their statement, from initially saying “our Twitter account was inappropriately accessed” to clarifying that the hackers never accessed their Twitter account directly, instead, they managed to gain unauthorized access to their social media marketing app to post content on behalf of Target.

Despite the fact that the social platform has been seemingly losing battle against scam bots and cybercriminals, the clarification has somehow made the recent incidents more make sense.

The Target hack was different in a way compared to the other similar incidents. Many other blue-ticked accounts were hacked at around the same time and they were all commenting on the same tweet, which was the Bitcoin giveaway announcement made on Target’s account, in an attempt to make it more legit.

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Source: https://www.chepicap.com/en/news/5261/twitter-blames-3rd-party-marketing-software-for-the-recent-hack-scam-marathon.html