X - Elon Musk's X Confirms SEC Twitter Hack That Sent Bitcoin Soaring Was Caused By Lack Of Two-Factor Authentication | Benzinga
Elon Musk's X has issued a statement confirming the compromise of the Securities and Exchange Commission’s X account.
What Happened: “We can confirm that the account @SECGov was compromised and we have completed a preliminary investigation,” stated X distancing itself from a breach of its own systems.
According to the findings, the intrusion stemmed from unauthorized access to a phone number tied to the @SECGov X handle by an unidentified third party.
The social media company further clarified that the security breach was exacerbated by the absence of an additional layer of security. “The account did not have two-factor authentication enabled at the time the account was compromised,” X added.
We can confirm that the account @SECGov was compromised and we have completed a preliminary investigation. Based on our investigation, the compromise was not due to any breach of X's systems, but rather due to an unidentified individual obtaining ...