CEO Elon Musk states that Twitter is not secure

In a reply to a tweet from Twitter's CEO Elon Musk, they said the social media platform Twitter is not yet secure.

Despite allegations of losing sponsors and users, Twitter CEO Elon Musk has stated that the platform is not going bankrupt, but it is not yet secure. This statement was made in response to a tweet about Twitter's financial status.

In a recent episode of the All-In podcast, Farzad Mesbahi, a YouTuber who covers future technologies, reported that Elon Musk stated that Twitter has managed to get its expenses under control and is no longer on the fast track to bankruptcy.

Elon Musk responded to the statement made by Farzad Mesbahi on the All-In podcast, stating that while Twitter's expenses are under control, there is still work to be done to ensure the platform is secure. This comment was made in reference to the recent Twitter layoffs.

In an effort to increase income for Twitter, Elon Musk recently launched a subscription service called the blue tick, which can be accessed for a monthly fee of $8 online or $11 through the iOS App Store.

According to Twitter, users who originally signed up for a subscription on iOS at a lower price must upgrade to a higher-priced subscription in order to continue using the service.

In addition, Musk has reportedly expressed interest in soliciting investments in Twitter at the original share price of $54.20, which was the price at which he acquired the company for $44 billion.

According to reports, a money manager for Musk has contacted an investor with an offer to sell shares of Twitter at this same price.

However,

data from Bot Sentinel, a service that monitors fraudulent activity on Twitter, suggests that the platform has seen a significant number of account suspensions and terminations between October and November, with 497,000 accounts being suspended and 877,000 accounts being terminated.

Why Twitter isn’t safe?

(Twitter data breach )

There are several possible reasons for concerns about the financial stability of Twitter, including the recent data breach that resulted in the personal information of approximately 400 million users being listed for sale on the dark web.

According to reports, the hacker behind the breach has exposed personal information from a variety of accounts, including phone numbers, email addresses, and other details from high-profile individuals.

The hacker, who goes by the username Ryushi, has even published a sample database of 1,000 users containing private information about well-known individuals.

In addition to exposing this data, the hacker has reportedly offered to sell the information and has stated that he is willing to work with any middleman. Some experts have speculated that an API bug may be responsible for the data leak. The Irish Data Protection Commission has launched an investigation into the leak, which affected over 5.4 million users worldwide.

Twitter Security:

Earlier this year, Elon Musk announced that "Twitter 2.0" would include support for encrypted direct messaging. He also mentioned that the team was working on adding encrypted video and voice calling between accounts,

With the goal of allowing users to communicate without worrying about their privacy being compromised in the event of a Twitter data breach or the possibility of someone at Twitter eavesdropping on their direct messages.

In order to achieve this, Musk stated that he had spoken with Moxie Marlinspike, the creator of Signal, and that she was potentially willing to help with the implementation of encryption.

Conclusion:

While acknowledging that Twitter is not yet as secure as users would like it to be, Elon Musk has also admitted that the company is making progress in improving its security.

This statement is significant because it shows that the company is aware of the issue and is actively working to address it.