SEC Account Hacked, Platform X Calls Due To Lack Of Account Security

Platform X notified the cause of the SEC account hack (photo: dock. unsplash)

JAKARTA The US Securities and Exchange Commission (SEC) social media account was platformed X, previously Twitter, has been hacked and compromised. When the hack occurred, the SEC approved the registration of the Bitcoin Spot ETF.

Shortly after the post was created and saw the price of Bitcoin soar, the SEC clarified that their account had been taken over by someone else. The SEC also explained that previous posts were not true because they had not approved ETF registration.

SECGov Account X has been compromised and illegal posts have been uploaded. The SEC has not approved recording and trading of products traded on the spot bitcoin exchange," the SEC wrote on Wednesday, January 10 at 04.42 WIB.

This hacking incident was confirmed directly by X. X's security account said that the company had investigated the SEC's social media accounts. The results show that the account was indeed compromised.

"Based on our investigation, the infiltration was not caused by a violation of system X, but because an unknown individual gained control of the phone number associated with the CGovakun through a third party," said the X Security account.

According to X's findings, the SEC's account could be hacked because the company did not activate two-factor authentication. This is what causes the hack to run easily because the security of the account is still very vulnerable.

We can also confirm that the account did not activate two-factor authentication when the account was compromised. We encourage all users to activate this extra security layer," X explained.

In order for the same thing not to happen to other accounts, X provides recommendations to all users to use strong passwords, use two-factor authentication, and use email and phone numbers on accounts

platform X users are prohibited from opening links carelessly and giving usernames and passwords to third parties. X also advises users to update the software anti-virus regularly.