acm-header
Sign In

Communications of the ACM

ACM News

A Brazen Online Attack Targets V.I.P. Twitter Users in a Bitcoin Scam


View as: Print Mobile App Share:
Billionaire Elon Musk.

The official Twitter account of Elon Musk appeared to be hacked as the account sought Bitcoin transfers on Wednesday.

Credit: Hannibal Hanschke/Reuters

It was about 4 in the afternoon on Wednesday on the East Coast when chaos struck online. Dozens of the biggest names in America — including Joseph R. Biden Jr., Barack Obama, Kanye West, Bill Gates and Elon Musk — posted similar messages on Twitter: Send Bitcoin and the famous people would send back double your money.

It was all a scam, of course, the result of one of the most brazen online attacks in memory.

A first wave of attacks hit the Twitter accounts of prominent cryptocurrency leaders and companies. But soon after, the list of victims broadened to include a Who's Who of Americans in politics, entertainment and tech, in a major show of force by the hackers.

Twitter quickly removed many of the messages, but in some cases similar tweets were sent again from the same accounts, suggesting that Twitter was powerless to regain control.

The company eventually disabled broad swaths of its service, including the ability of verified users to tweet, for a couple of hours as it scrambled to prevent the scam from spreading further. The company sent a tweet saying that it was investigating the problem and looking for a fix. "You may be unable to Tweet or reset your password while we review and address this incident," the company said in a second tweet. Service was restored around 8:30 Wednesday night.

 

From The New York Times
View Full Article

 


 

No entries found

Sign In for Full Access
» Forgot Password? » Create an ACM Web Account