Posted on 08/23/2022 7:40:51 AM PDT by servo1969
New York (CNN Business)Elon Musk's monthslong effort to buy — and then to get out of buying — Twitter has been marked by a range of unexpected twists. Now, a stunning whistleblower disclosure from the company's former security lead Peiter Zatko is almost certain to become the latest complication.
As part of a wide-ranging, nearly 200-page disclosure sent last month to US lawmakers and regulators, which was exclusively reported by CNN and the Washington Post Tuesday, Zatko alleges that Twitter (TWTR) has neither the incentive nor the resources to properly measure the full scope of bots on its platform. He also alleges that Twitter suffers from a range of other security vulnerabilities that it has for years failed to fix. (Twitter has broadly defended itself and criticized Zatko's allegations as "riddled with inconsistencies and inaccuracies.")
(snip)
"For years, across many public statements and [SEC] filings, Twitter has made material misrepresentations and omissions ... regarding security, privacy and integrity," Zatko's disclosure states. "Twitter's misrepresentations are especially impactful, given that they are directly at issue in Elon Musk's contemplated takeover of the company."
Zatko, better known as "Mudge," is a prominent ethical hacker-turned-cybersecurity executive whose career also included stops at Google and the Department of Defense. He was hired as Twitter's security lead following a major hack at the company in 2020 and fired in January of this year, a move he claims came after he tried to blow the whistle internally about security deficiencies and alleged possible fraud by the company's senior leaders.
His disclosure paints a picture of a company rife with security vulnerabilities that threaten user data and the platform's functionality, and which he says could put US national security at risk.
(Excerpt) Read more at cnn.com ...
Yes, 50 cents on the dollar. Too many people think the deal won’t go through. I instead think it will and won’t be pretty for Twitter. They are being exposed as frauds, which will cost them. Musk offered them a deal too good to pass up and once he done exposing them, he’ll get the deal that is too good to pass up.
What better vehicle for controlling (influencing) the people could not be dreamed of. So many willingly adopt the platform as actual news and truth. For all we know it is just millions of bots run by a handful of spooks.
A lawsuit by Twitter advertisers for misrepresentation of their ad reach to actual humans will likely result from this insider admission. Musk should get the remaining husk for beer money.
I think a mess like this is the default state of the new Silicon Valley growth companies. The business model was always to be the first to market and grow fast while cutting all corners to build the giant ball of spaghetti in the backend.
The theory was that once the company is rich it can afford to fix its system. Fixing this sort of mess is extremely hard in reality and Twitter seems like a stupid company.
20
This video has not been posted on Rumble.
yeah. that's pretty much true everywhere
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.