SEC Twitter Fiasco Spurs Cybersecurity Overhaul: Lawmakers Demand MFA Action After Bitcoin ETF Tweet Chaos
SEC’s Tweet Blunder Spurs Security Scramble: Lawmakers are pressing the SEC to buff up its cyber defenses faster than Bitcoin’s price can drop after a fake tweet. Time to double down on that multi-factor authentication, folks!
Hot Take:
Guess who didn't have their cybersecurity Wheaties? The SEC! In an age when my fridge has a better password than "1234," the watchdog of Wall Street didn't bother to double-lock their digital doors. That's right, no multi-factor authentication (MFA) meant that a hacker could tweet fake news faster than you can say "Bitcoin bonanza!" And now, lawmakers are wagging their fingers so hard, it's creating a breeze in the Capitol. Let's buckle up and dive into the world of "Oops, we did it again" – SEC edition.
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