SEC Twitter account has been compromised

[⭐ Warfare]

A few hours ago, SEC posted on Twitter that they granted approval for spot Bitcoin ETFs.
It turns out that their Twitter account was hacked.

 

[⭐ Warfare]

[MrD]

What a joke..indeed!

[⭐ Warfare]

The tweet below didn't age well.

[⭐ Warfare]

After this incident, it was revealed that the SEC Twitter account was compromised via the phone number associated with it's account, and they also didn't have 2-factor authentication (2FA) enabled.
Twitter's (X) Safety team response:

[⭐ Warfare]

Statement from the SEC regarding the Twitter (X) incident: "While SEC staff is still assessing the scope of the incident, there is currently no evidence that the unauthorized party gained access to SEC systems, data, devices, or other social media accounts".

[MrD]

SEC blames ‘SIM swap’ attack for hacked X account prior to official Bitcoin ETF approval

The SEC had multifactor authentication enabled six months prior to the hack, but it was disabled by X Support following a request by an SEC staff member, the securities regulator revealed.

“Two days after the incident, in consultation with the SEC’s telecom carrier, the SEC determined that the unauthorized party obtained control of the SEC cell phone number associated with the account in an apparent ‘SIM swap’ attack,” an SEC spokesperson said on Jan. 22.

“Once in control of the phone number, the unauthorized party reset the password for the @SECGov account,” the SEC spokesperson added.

https://cointelegraph.com/news/sec-blames-sim-swap-attack-hacked-x-account-prior-official-bitcoin-etf-approval

[Rahul verma]

New revelations from the investigation into the SEC's Twitter account compromise reveal that it stemmed from a SIM swapping attack and that MFA had been disabled on the account.

[⭐ Warfare]

For anyone wondering, they caught the hacker of SEC's Twitter/X account.
FBI arrested 25-year-old Eric Council Jr. from Alabama, USA.
He and other unnamed parties used the SIM-swapping technique to get access to SEC's main account.