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TWTR.US
CNN released an article “Ex-Twitter exec blows the whistle, alleging reckless and negligent cybersecurity policies” in which was disclosed that “Twitter has major security problems that pose a threat to its own users’ personal information, to company shareholders, to national security, and to democracy, according to an explosive whistleblower disclosure obtained exclusively by CNN and The Washington Post.”
According to the report, this disclosure also was sent to SEC and other government bodies.
The report further stated that the whistleblower is “Peiter ‘Mudge’ Zatko, who was previously the company’s head of security, reporting directly to the CEO.
Lastly, the report “alleges that some of the company’s senior-most executives have been trying to cover up Twitter’s serious vulnerabilities, and that one or more current employees may be working for a foreign intelligence service.”
On this news, Twitter’s share price fell by 7% to close at $39.86 per share on August 23, 2022.
Alleged Offence
Mismanagement
Malpractice
Negligence
Breach of Fiduciary duty
Omissions
Suspected Party
Directors
Management
Security Type
Stocks
Trade Direction
Long
Shock Event Date
23 August 2022
Collecting participants…
Created by Stan Vick, Scout

Twitter Inc

Twitter, Inc. operates as a platform for public self-expression and conversation in real-time. The company's primary product is Twitter, a platform that allows users to consume, create, distribute,...

    Ticker
    TWTR.US
    ISIN
    US90184L1026
    CIK
    1418091
    Sector
    Communication Services
    Industry
    Internet Content & Information
    Country
    USA
    Address
    1355 Market Street, San Francisco, CA, United States, 94103