Twitter Shares Fall on Hacking Report

Shares of Twitter fell by 7 percent this week after the company revealed that it might have been the target of state-sponsored hacking.

In a blog post, Twitter said that it discovered suspicious activity to a customer-support forum while fixing a security flaw that exposed data such as users’ phone country codes and details on locked accounts.

Twitter said that a large amount of traffic to the customer support site came from individual internet IP addresses in China and Saudi Arabia. The company also said that it could not confirm, but does not rule out the possibility that some of the IP addresses may have ties to state-sponsored actors.

Source: Reuters

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