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Twitter bans Russia-based Kaspersky Lab from buying ads

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Twitter confirms third-party involvement in crypto hackings. Pixabay
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Twitter has banned Russia-based cyber security firm Kaspersky Lab from advertising on its platform, stating that the company “operates using a business model that inherently conflicts with acceptable Twitter Ads business practices.”

In an open letter to Twitter CEO Jack Dorsey, Kaspersky Lab’s Founder Eugene Kaspersky has termed the move as “potential political censorship”.

Twitter icon.
Twitter bans ads. Pixabay

“At the end of January, Twitter unexpectedly informed us about an advertising ban on our official accounts where we announce new posts on our various blogs on cybersecurity (including, for example, Securelist and Kaspersky Daily) and inform users about new cyberthreats and what to do about them,” Eugene wrote on Friday.

“In a short letter from an unnamed Twitter employee, we were told that our company ‘operates using a business model that inherently conflicts with acceptable Twitter Ads business practices,'” he added.

Kaspersky Lab spent around $93,000 to promote its content on Twitter in 2017 and its India advertising share on Twitter was around $13,580.

“No matter how this situation develops, we won’t be doing any more advertising on Twitter this year. “The whole of the planned Twitter advertising budget for 2018 will instead be donated to the @EFF. They do a lot to fight censorship online,” Eugene tweeted on Saturday.

According to a report in Cyberscoop, a Twitter spokesperson pointed towards the September 2017 decree from US Department of Homeland Security (DHS) that ordered federal agencies to remove Kaspersky products from their networks.

Also Read: New algorithm may help locate fake Facebook and Twitter accounts

“Kaspersky Lab may remain an organic user on our platform, in accordance with the Twitter Rules,” a Twitter spokesperson told The Register. “Twitter is playing into the hands of cybercriminals when it hinders the delivery of important information on protection from cyberthreats,” Eugene said.

“The majority of our promoted content on Twitter has been about cybersafety and research and reports about the information security industry. We believe that this content brings value to a variety of Twitter users.”

“Twitter, if this is a matter of a decision being made in error, please openly admit this; people’d forgive you – everyone makes mistakes! I think that would be the only civilized way to quash any doubts about potential political censorship on Twitter,” Eugene said.

Twitter to soon release Snapchat like feature. VOA
Fake accounts on Twitter are many. VOA

The Kaspersky Lab founder said that more than two months have passed and the only reply he received from Twitter was the copy of the same boilerplate text.

“Accordingly, I’m forced to rely on another (less subtle but nevertheless oft and loudly declared) principle of Twitter’s – speaking truth to power – to share details of the matter with interested users and to publicly ask that you, dear Twitter executives, kindly be specific as to the reasoning behind this ban,” he said. IANS

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Twitter Confirms Third-Party Involvement in Crypto Hackings

The scam is made to seem more trustworthy as various other compromised accounts reply to the tweet claiming that it works

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Twitter
Twitter confirms third-party involvement in crypto hackings. Pixabay

Micro-blogging site Twitter has confirmed that a third party software provider is responsible for the series of cryptocurrency-related hackings on its platform.

A Twitter spokesperson said attackers exploited a third-party marketing solution to blast fake Bitcoin giveaway links from a slew of verified accounts, The Next Web reported on Friday.

The confirmation comes days after a number of high-profile public figures and brands including Elon Musk and Google got their accounts breached to propagate malicious cryptocurrency giveaway links.

To make the accounts appear legitimate, the scammers used accounts with Twitter’s own verification mark.

Twitter, India
Twitter on a smartphone device. Pixabay

In such cases, clicking on any of the links in the scam guided users to a page where they were urged to send anywhere from 0.1-one Bitcoin to the scammers — with the promise that they would receive one-10 Bitcoin as a reward, the media had reported.

But the victims never received any Bitcoin after sending money to the scammers.

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The scam is made to seem more trustworthy as various other compromised accounts reply to the tweet claiming that it works.

“The confirmation the hackings originated from a third-party app explains how the attackers managed to run the Bitcoin giveaway scam at such a large scale and in such an organised manner,” the report added. (IANS)