The 2020 Verizon Data Breach Investigations report found that 80 percent of breaches are caused by compromised or weak credentials. This makes privileged access management (PAM) strategies a must have. Not effectively managing and monitoring privileged accounts means the difference between keeping an organization secure and a catastrophic breach – like the one at Twitter, where the major breach illustrates the dangers of ineffective PAM strategies.
In July, hackers launched a cryptocurrency scam through 130 verified Twitter accounts. Twitter mainly verifies accounts of public interest, including accounts by high-profile users in music, acting, fashion, politics, religion, journalism, sports, or business.
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