On Thursday, Twitter stock plummeted 7 percent in pre-market trading after being hit with a massive blue-tick hack as many verified accounts reported being unable to tweet.
The company said a “coordinated social engineering attack” had “successfully targeted” some employees who allowed their internal resources to be exploited by hackers.
Among the targeted accounts were high-profile users such as Barack Obama, Joe Biden, Tesla’s Elon Musk, Bill Gates and Warren Buffett.
Twitter Stock: Twitter shares tumbled nearly 7 percent in pre-market trading Thursday after many accounts were compromised in a hacking incident involving bitcoin.
The company said on Wednesday that some of its employees had been targeted by hackers which allowed access to “internal systems” and software, resulting in a massive compromise of some of the most common accounts on its platform.
Twitter said some workers had been “successfully targeted” by a “coordinated social engineering attack.”
A spokesperson for Twitter told Business Insider that his own “investigation is continuing, and we hope to have more to share there soon.”
Twitter Stock: Shortly after the incident, several accounts found that they had not been able to tweet. Support account for Twitter said some people may not be able to tweet or change their password as the company looks into the situation.
Across Europe, regular service appears to have resumed on the platform as from Thursday morning.
The event led to high profile accounts such as that of former President Barack Obama, Tesla CEO Elon Musk, Bill Gates, Warren Buffett, and also corporations such as Apple and Uber posting messages regarding Bitcoin donations.
You can see a chart of Twitter’s stock so far in 2020 below:
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