From Dow Jones & Company:

Recent hacks of high-profile accounts on X, formerly known as Twitter, have highlighted security concerns. Both the Securities and Exchange Commission and cybersecurity firm Mandiant had their X accounts compromised due to a lack of two-factor authentication. Security experts emphasize the importance of using strong passwords, enabling pop-up notifications about logins, and not skipping system updates. X now charges users for text-based two-factor authentication, with experts warning that this method is less secure. Scammers may increasingly exploit hacking opportunities as X aims to become a peer-to-peer payment platform.

Security breaches on X have prompted scrutiny of the platform’s security measures. The Securities and Exchange Commission and cybersecurity firm Mandiant recently had their X accounts compromised, highlighting the importance of user security measures such as two-factor authentication. While X now charges for text-based two-factor authentication, users can still opt for an authenticator app or security key for free. As X looks to launch peer-to-peer payments, the stakes of getting hacked could increase, as scammers may gain access to sensitive financial information. It’s imperative for X users to prioritize their account security.

The recent hacking of high-profile X accounts is prompting concerns about the platform’s security measures. The Securities and Exchange Commission and cybersecurity firm Mandiant both had their X accounts compromised due to a lack of two-factor authentication. Users are urged to utilize strong passwords, enable pop-up notifications about logins, and not skip system updates. As X looks to expand into peer-to-peer payments, the potential for scammers to access sensitive financial information increases. While there’s no clear evidence of security deterioration since Musk acquired X, users are advised to prioritize their account security.



Read more: SEC Twitter hack: Here’s how to protect your own account on X