Citing Twitter's hack, NY's top financial watchdog says social media platforms need to be designated “systemically important” and have a dedicated regulator
“The hackers who took over Twitter accounts belonging to Barack Obama and Elon Musk for several hours this summer gained entry into Twitter's internal systems simply by posing as company IT officials making a support call.” https://www.msn.com/...
This summer's Twitter hack proves the need for dedicated federal oversight of social-media companies, New York's financial regulator said in a report on the breach https://www.wsj.com/...
The NYS Dept. of Financial Services issued a report today on the cause of the massive Twitter hack a while back, and YIKES... https://www.dfs.ny.gov/... https://twitter.com/...