Twitter collapses on the stock market after the accusations of the former security chief

Twitter replies to Musk we will continue to share information

(Finance) – Twitter has serious security issues that pose a threat to users’ personal information, shareholders, national security and democracy, according to revelations made by the former security chief and published by CNN and the Washington Post. The whistleblower, Peiter “Mudge” Zatko, is one of the best known American ethical hackers and was one of the first to leave the underground world and approach the government and large corporations. Prior to being head of security at Twitter, he held senior roles at Google, Stripe, and the U.S. Department of Defense.

The revelations, sent to Congress and federal agencies last month“paints the picture of a chaotic and reckless environment in a poorly managed company that allows too many staff to access the platform’s central controls and the most sensitive information without adequate supervision – reads the investigation – It also claims that some of the company’s most senior executives have tried to hide Twitter’s serious vulnerabilities and that one or more current employees may be working for a foreign intelligence service“.

“Mr. Zatko was fired from his position as a top executive on Twitter in January 2022 for ineffective leadership and poor performance – said a Twitter spokesperson, without directly answering questions asked by CNN and the Washington Post – What we have seen so far is a false narrative on Twitter and our privacy and data security practices, full of inconsistencies and inaccuracies and free of an important context “.

Twitter register a a decrease of 5.37% compared to the day before, settling at 40.7 USD. Operationally, a downward extension of the curve is expected with the support area seen at 40.03 and later at 39.37. Resistance at 41.65.

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