Twitter CEO Jack Dorsey’s account hacked by OurMine group

Twitter’s CEO Jack Dorsey is the latest victim of a string of attacks against renowned names in the technology industry, claimed by OurMine hacking group.

The incident took place early Saturday morning, when the team of hackers posted a series of clips on the social network’s Vine video sharing platform, mocking Twitter for its various security issues.

OurMine, once they gained access to Mr. Dorsey’s account, posted a tweet on his profile mentioning, “Hey, its OurMine,we are testing your security”.

Twitter managed to resolve the issue within a forty-five-minute time frame, while it also erased all the tweets and clips that the group shared on the two platforms. Though, a few news outlets did manage to take screenshots of the now deleted content.

OurMine is known for conducting hackings of this particular nature, as in the recent past they had also hijacked former Twitter’s CEO Dick Costolo, Google’s CEO Sundar Pichai and Facebook CEO’s Mark Zuckerberg Twitter profiles.

Furthermore, it was confirmed by Twitter itself that both Mr. Zuckerberg’s and Mr. Costolo’s profiles were hacked via a third-party app connected to their accounts, or through recycled and old passwords.

Reports coming in now regarding Saturday’s hacking, claim that that is what happened with Mr. Dorsey’s account as well, most likely via Vine.

If that turns out to be true, then the social networking giant’s authority will certainly be questioned, since Twitter itself in a press release stated that its servers were not compromised during the attacks, and therefore various data breaches from third party apps should be the culprit.

As far as the reason behind these coordinated attacks is concerned, OurMine’s motivations do not appear to be linked with any sort of hacktivism movements, such as Anonymous and alike.

Sources close to the matter suggest that this type of hacks could be regarded as pure vandalism.

Via: Engadget

 

Twitter acquires Mitro, password manager maker

Twitter had swallowed Mitro, a New York based startup password security firm, right after acquiring Madbits this week. Mitro works to the need of Twitter, with passwords in particular.

The password-sharing startup is owned by Adam Hilss. As founded by Hilss in the 2012, Mitro has funded $2.4 million. It was Mitro that made a way for multiple people to share or control passwords to a single account.

In a blog post, Mitro wrote: “We’re excited to announce that the Mitro team is joining Twitter’s location team in New York, focusing on a variety of geo-related projects.” The deal may have been officially announced, but the financial matters were not disclosed.

Mitro’s key product is a web browser extension that permits users to store and share passwords. Apparently, Google Ventures and Matrix Partners had backed up Mitro for quite some time.

As users log into websites, Mitro’s password managers for records browsers and records usernames and passwords, too, which then automatically logs in certain user into the visited sites before.

Unlike other acquisitions, Twitter will not totally control Mitro. As a matter of fact, Twitter will allow it live on. Seems as if Twitter is hiring new talents and is starting to offer founders a more flexible situation wherein they could sustain their work as soon as possible.

Also, a part in Mitro’s case is that its product is open-sourced with the help of the Electronic Frontier Foundation.

World Cup tournament gives Twitter huge patronage boost

Twitter has announced that users sent over 672 million tweets during the recent World Cup tournament in Brazil, and this figure is above any other usage figure recorded during any worldwide event in the history of the social media firm. Soccer fans from across the world took to Twitter to tweet messages and opinions during the tournament, and the huge use of tweets has spiked huge profits for the company and its investors – leading to 29% rise in shares in Wall Street.

The CEO of Twitter, Dick Costolo, in a conference call with reporters and analysts expressed satisfaction with the successes recorded by his firm during the 2014 World Cup tournament, and according to him, “we delivered the kind of events experience that I’ve wanted to see from us for some time.” According to Costolo, Twitter’s service was tailored to each game and each country’s fans in order to provide a more personalized experience.

The company’s revenue spiked 124% at the just concluded games, and the number of people that used the microblogging service increased by 6% during the entire period. This has given the company the leverage to earn more from advertising during this period, and in fact they posted a revenue of about $312 million against $139 that was generated last year in the June quarter. And in total, business analysts had actually though Twitter would make $283 million revenue, but that surpassed that expectation and earned $312.

But this has raised a pertinent issue: Twitter’s growth and revenue spike during worldwide events or through public interest events. For instance, when something of interest happens to anyone in the society, the first place they go to announce it is on Twitter and other users take it up and retweet the news if it affects them or gets their interest in any way. This is the strength and weakness of Twitter: its traffic relies on public interest events in any part of the part.