05 August 2020 — 3 min read
Phishing is back in the news, but it never really went away
The recent embarrassing hack of Twitter that led to the compromise of some very famous accounts (Bill Gates, Elon Musk, Barack Obama, et. al.) for use in a bitcoin-stealing scam grabbed global headlines for a few days. The story started winding down with the arrests of three young men in the UK and Florida.
Twitter should feel lucky today that the thieves only set their sights on a small payday (netting less than $120K before they got caught) rather than broadcasting false headlines that might have shaken global financial markets. It’s a useful reminder that phishing remains among the most popular and successful attack vectors for a variety of cybercrimes, accounting for some 30% of all breaches.