SEC’s Epic Security Fail: Hackers Party Like It’s 1999 with No MFA in Sight

Embarrassing SEC Oopsie: Hackers SIM-swap their way into the agency’s Twitter, turning off MFA and sparking a Bitcoin brouhaha. Cue facepalms. #SECSocialMediaSnafu

Published: Added: January 23, 2024 at 6:48 amAssembled by: J J
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Hot Take:

Oh, SEC, you're supposed to be the financial watchdog, not the pup that forgot to lock the doghouse! If the irony were a cryptocurrency, we’d all be filthy rich. A SIM-swap to swipe control of an account that wasn’t even multi-factor fortified? That's like forgetting to put on your armor before going into a sword fight. And the cherry on top? The price of Bitcoin doing the hokey-pokey! Up, down, turn around – this hack had more moves than a Zumba class.

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