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Tesla Chariman Elon Musk’s Twitter Gets Hacked Again

Musk's tweet caused a financial firestorm with Tesla shares immediately skyrocketing by almost 11 per cent.

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Tesla CEO, Elon Musk. (Wikimedia Commons)
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Despite Twitter attempting to ban scammers and impersonators on its platform, one impersonator broke into Tesla Chairman and CEO Elon Musk’s official account on Thursday with a fake lookalike verified account, promising his 22.5 million followers free Bitcoin and ethereum cryptocurrencies.

As the real Musk was busy penning down some poetic words for his followers in the wee hours of Thursday, the impersonator appeared in his thread line with a fake Twitter verified account, asking his users to trade and gain in cryptocurrencies.

“As many of you know by now, we will soon be making Tesla a private company. It is an important step towards stability and it would be impossible to move forward in a desirable pace without making such decisions,” the impersonator wrote in a fake statement in the name of Musk on Medium.

“As a part of reorganization we will be introducing Bitcoin and Ethereum as official payment methods,” he said, adding that “it is one of the steps in moving forward as a company”.

Elon Musk, tesla
Some of his users, however, fell for the fake account. IANS

Musk, who was awake just before the impersonator joined his thread line to fool his followers, was yet to reply to this.

Some of his users, however, who fell for the fake account, took to his thread line: “Report this account, already stealing from people bitcoins,” wrote one user.

“How did it get verified,” asked another.

The head of SpaceX and Tesla has witnessed such attacks on his Twitter account in the past that use fraudulent accounts to trick his followers into sending them cryptocurrencies like bitcoin and ethereum.

“I want to know who is running the Etherium scambots! Mad skillz,” Musk had earlier tweeted.

Twitter, in a statement, reacted by saying it was working on ways of bringing the issue under control.

“We’re aware of this form of manipulation and are proactively implementing a number of signals to prevent these types of accounts from engaging with others in a deceptive manner,” The Verge reported, quoting the statement.

tesla, bitcoin
Cryptocurrency Bitcoin, the growing market (VOA)

Musk last week gave a “tearful” interview to The New York Times, talking about his “excruciating” times at Tesla, his 120-hour a week work schedule and saying that he “nearly missed his brother’s wedding this summer and spent his birthday holed up in Tesla’s offices as the company raced to meet elusive production targets on a crucial new model”.

Also Read: Status of Bitcoin in India

On August 7, Musk surprised the investment world with a Twitter announcement that he was considering taking Tesla private and that the funds needed to do so – which some financial analysts estimate at more than $70 billion – were “secured”.

Musk’s tweet caused a financial firestorm with Tesla shares immediately skyrocketing by almost 11 per cent, although subsequently they lost a good part of what they had gained and tanked further after Musk’s interview with the NYT. (IANS)

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Account Removal, Information Requests up From India: Twitter

"The number of reports we received from governments of terrorist content decreased by 77 per cent compared to the previous reporting period," said Twitter

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Twitter, India, Smartphone
Twitter on a smartphone device. Pixabay

The Indian government made information requests for 355 Twitter accounts in the January-June 2018 period while law enforcement agencies in the country asked the micro-blogging platform to remove 237 accounts for violating the law of the land.

According to Twitter’s 13th biannual Transparency Report, the company provided some information to the Indian government in 11 per cent of cases.

“Twitter withheld two accounts and 23 Tweets in response to a legal demand from the Ministry of Electronics and Information Technology (MEITY) under Section 69A of the India Information Technology Act, 2000, for propagating objectionable content,” the company said in the report late Thursday.

When it comes to legal requests (including 9 requests in the form of court order) from India, 19 accounts and 498 Tweets were withheld as per the rules.

In total, Twitter met the legal demands to withhold some content from India in 5 per cent of the cases.

“Governments (including law enforcement agencies), organisations chartered to combat discrimination, and lawyers representing individuals are among the many complainants that submit legal requests,” said Twitter.

In July-December 2017, the Indian government made information requests for 315 Twitter accounts and law enforcement agencies had asked the social network to remove 144 accounts.

Globally, Twitter received 10 per cent more government information requests (combined emergency disclosure requests and non-emergency requests), which is the largest percentage increase since its July-December 2015 report.

“The latest report shows that Twitter received approximately 80 per cent more global legal demands, impacting more than twice as many accounts compared to the previous reporting period.

Twitter CEO
Twitter on a smartphone device. VOA

“Similar to the last reporting period, roughly 87 per cent of the total global volume originated from only two countries: Russia and Turkey,” Twitter said.

For the first time, Twitter published metrics pertaining to its actions to fight spam and other malicious forms of automation.

“We challenge millions of potentially spammy accounts every month, requesting additional details, like email address and phone numbers to authenticate them. From January to June, 2018, approximately 75 per cent of accounts challenged ultimately did not pass those challenges and were suspended,” informed the company.

The average number of reports it received through reporting flow continued to drop — from an average of approximately 868,349 in January to approximately 504,259 in June.

“These report decreases indicate the effectiveness of our proprietary built technology in proactively identifying and challenging accounts at source and at scale,” said Twitter.

In the same period, Twitter suspended 487,363 accounts for violations related to child sexual exploitation.

Also Read- U.S. Welcomes Pakistan’s Actions Towards Peace in Afghanistan

Nearly 97 per cent of these accounts were proactively flagged by a combination of technology, including PhotoDNA, and other purpose-built internal proprietary tools.

Twitter also suspended a total of 205,156 accounts flagged for promoting terrorism. Of those suspensions, 91 per cent consisted of accounts that were proactively flagged by internal, proprietary tools.

“The number of reports we received from governments of terrorist content decreased by 77 per cent compared to the previous reporting period,” said Twitter. (IANS)