According to X, The account associated with @SECGov was compromised, indicating that someone other than the rightful owner has gained unauthorized access or control.
Read more on: https://thecryptobasic.com/2024/01/10/x-confirms-us-sec-account-was-compromised-but-not-because-of-x-system-breach/
#sectwitterhack #SECApprovalJourney #cryptocrurrency #CryptoNewsLand #CryptonewswithJack

Senator Bill Hagerty Says Congress needs answers from the U.S. Securities and Exchange Commission (SEC).
Read more on: https://thecryptobasic.com/2024/01/10/us-senator-says-congress-needs-answers-on-fake-bitcoin-spot-etf-approval-announcement-from-sec/
#sectwitterhack #SECApprovalJourney #cryptocrurrency #CryptoNewsLand #CryptoNews🔒📰🚫

Recently, social media was shaken by the announcement from the Securities and Exchange Commission (SEC) regarding the compromise of his official account. According to statements from Twitter X, the official SEC account was actually hacked, leading to a preliminary investigation to determine the causes of this intrusion.X's initial analysis revealed that the compromise was not the result of a direct breach in its security systems. Instead, the incident appears to stem from the takeover of a phone number associated with the SEC account by an unidentified individual, acting through a third party.The most troubling finding from this investigation is the confirmation that two-factor authentication was not enabled at the time the account was compromised. This lack of additional security measures allowed a third party to gain unauthorized access to the account, highlighting the critical importance of having robust security mechanisms in place to protect online accounts.This incident highlights the pressing need for users and organizations to strengthen their security protocols. Enabling two-factor authentication has now become an essential component of strengthening online account security, a measure that could have potentially prevented this compromise.X affirmed its commitment to improving the security of its users' accounts and called for increased awareness of good online security practices. However, this intrusion raises legitimate concerns about the vulnerability of online information and serves as a reminder of the responsibility of organizations and users to take proactive steps to protect their accounts from cyber threats.Ultimately, the compromise of the SEC account exposes potential gaps in online data protection and highlights the urgency of strengthening security measures. The lessons to be learned from this incident are not just for the SEC, but should serve as a reminder to everyone to strengthen the security of their online accounts to guard against increasingly sophisticated attacks from cybercriminals.If you liked this article, don’t hesitate to like, follow and vote for me 😉#sectwitterhack #ETFsApproval #GaryGensler #BTC