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    Security features of the new naira notes revealed by the CBN

    JUST IN: CBN orders banks to begin payment of new notes over the counter

    Atiku heads to Europe on ‘business trip’

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    Suspected herdsmen ambush Benue policemen, kill DPO

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    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    Nigeria’s total public debt rises by over 20% YoY to N32.92 trillion

    FG explains why Nigeria’s total debt will rise to N77 trillion by the end of May 2023

    U.S unemployment fell to a five-decade low

    U.S unemployment fell to a five-decade low

    Nigeria’s total public debt rises by over 20% YoY to N32.92 trillion

    Nigeria’s total debt rise above N44 trillion – DMO

    FG approves 39 licences for fish importation

    Q3 2022: Nigeria’s total trade stood at N11.6 trn, total export falls nearly 20% QoQ

    Update: Central Bank of Nigeria instructs banks to close accounts related to Crypto

    JUST IN: CBN limits weekly cash withdrawal to N100k

    Law to legalize crypto as a payment method passed in Brazil

    Law to legalize crypto as a payment method passed in Brazil

    Will Nigerians in diaspora be committing an offence if they make a campaign donation?

    Rivers and Oyo State to join others in establishing small claims courts

    Non-oil sector contributes 93.67% to Nigeria’s GDP in Q2 2022

    Nigeria’s GDP growth slows to 2.25% in Q3 2022, oil sector contribution declines further

    Buhari to unveil new naira notes Wednesday — no longer Dec 15

    Buhari to unveil new naira notes Wednesday — no longer Dec 15

    • Policies
    • Budgets
    • Economic Data
  • Markets
    • All
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    • Cryptocurrencies
    • Forex
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    Nigeria’s GDP grows 5.01% YoY in real terms in Q2 2021

    Equities Market Recorded Gains… As NGX-ASI Grows Marginally By 0.49%

    Equity Market turns bearish… As Value Traded Spikes by 409.01%

    The Local bourse Closed The Week Bearish… As the NGX-ASI fell by 0.18%.

    Local Bourse closed in Bullish Territory… As NGX-ASI at 0.31%

    NGX-ASI Turns Bullish…As Oil & Gas sector closed at a Gain of 1.58%

    The Okomu Oil Palm Plc announces N7.00 interim dividend for H1 2022

    Local Bourse Records 2nd Day Loss…… As NGX-ASI Decreases by 0.02%

    FGN Savings Bond rate rises above 12% in September 2022

    DMO offers N360 bn FGN Bonds for subscription in January

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    NGX Reg lifts suspension on Trading of Niger Insurance Plc’s shares

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    2022 financial year: UAC of Nigeria posts N2.69 billion loss

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    FACT CHECK: Did Buhari inherit lowest oil production as Tinubu claims?

    FACT CHECK: Did Buhari inherit lowest oil production as Tinubu claims?

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Twitter whistleblower alleges major security issues

Tuesday, 23 August 2022, 11:12 pm
in News, Nigeria
0
Breaking: FG Suspends Twitter in Nigeria
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Twitter’s former head of cybersecurity, Peiter Zatko, popularly known as Mudge has accused the company of a number of egregious security flaws and oversights, according to a whistleblower complaint filed with the U.S. government this year.

The complaint, first reported on by The Washington Post and CNN, makes a wide range of damning claims about Twitter, including that members of the company’s board of directors misled the public and government agencies about the company’s security.

Zatko is a well-known “ethical hacker” turned cybersecurity insider and executive who previously held senior roles at Google, Stripe and the US Department of Defense,

He alleged in the complaint that he was told to withhold a major security report from Twitter’s board and to write misleading security documents.

He filed the complaint with the Securities and Exchange Commission, Federal Trade Commission and the Department of Justice in July. Whistleblower Aid, a nonprofit that provides legal assistance to whistleblowers, confirmed the complaint’s authenticity.

Zatco was hired as Twitter’s security lead following a major hack at the company in 2020

Twitter CEO Parag Agrawal fired Zatko in January this year over what the company called “ineffective leadership and poor performance.”

Zatko however said he was fired after he tried to blow the whistle internally about security deficiencies and alleged possible fraud by the company’s senior leaders.

Some of the complaint’s noteworthy allegations include:

  • Twitter suffered security incidents significant enough to warrant a report to a government agency about once a week, with 20 breaches in 2020 alone.
  •  Twitter (TWTR) has neither the incentive nor the resources to properly measure the full scope of bots on its platform.
  • Twitter doesn’t prioritize the removal of spam or bot accounts to the effect that CEO Parag Agrawal has previously described.
  • The company has never been in compliance with an agreement it made with the FTC in 2011 to protect users’ personal information.
  • Twitter does little to monitor for so-called insider threats, employees or contractors who use their positions in the company to steal information, and instead leaves them “virtually unmonitored.
  • Twitter made misrepresentations to regulators such as the Federal Trade Commission and Securities and Exchange Commission about its privacy and security practices

The complaint comes at a particularly sensitive time for Twitter, which is fighting in court to ensure that Tesla CEO Elon Musk goes through with a deal to purchase Twitter for more than $44 billion. Musk is trying to pull out of the deal. Musk’s legal argument rests on alleging Twitter misled investors about its product, including how well it fights fake accounts.

  • Read more:
  • Elon Musk offers to buy Twitter, take it private
  • Elon Musk ends $44bn deal to buy Twitter
  • Twitter sues Elon Musk, says he can’t ‘trash the company’ and ‘walk away’
  • Twitter uses Elon Musk poop emoji as evidence in lawsuit against him

Zatko’s allegations appear to bolster Musk’s claims about spam on Twitter, with the complaint stating that Agrrawal “knows very well that Twitter executives are not incentivized to accurately ‘detect’ or report total spam bots on the platform.”

 Musk lawyer Alex Spiro said the billionaire’s legal team had already subpoenaed Zatko in the dispute with Twitter. “We found his exit and that of other key employees curious in light of what we have been finding,”

On Twitter, Musk appeared to acknolwedged the whisteblower’s emergence.

pic.twitter.com/KsWiazActx

— Elon Musk (@elonmusk) August 23, 2022

Ifunanya Ikueze
Ifunanya Ikueze

Ifunanya Ikueze is an Engineer, Safety Professional, Writer, Investor, Entrepreneur and Educator.

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