Twitter released an update on July 30 revealing how hackers gained access to its internal network and account management tools in the recent attack. It also gave details of additional measures taken to improve security since the hack, which netted 12 Bitcoin (BTC) through targeting the Twitter accounts of celebrities and crypto businesses. The update confirmed that Twitter had been the victim of a social engineering attack, putting paid to rumors that the hack could have been an inside job. According to the report, the July 15 incident started with a spear-phishing attack, targeting a small number of employees by ... (full story)