Reported Earlier, 'Twilio Has Confirmed Hackers Abused API To Verify Millions Of Authy MFA Phone Numbers' - BleepingComputer
Portfolio Pulse from Benzinga Newsdesk
Twilio has confirmed that hackers abused its API to verify millions of Authy MFA phone numbers, raising concerns about the security of its services.
July 03, 2024 | 4:50 pm
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Twilio has confirmed a security breach where hackers abused its API to verify millions of Authy MFA phone numbers. This incident raises significant concerns about the security of Twilio's services and could impact customer trust and regulatory scrutiny.
The confirmation of a security breach involving Twilio's API and Authy MFA phone numbers is likely to negatively impact Twilio's stock in the short term. Security breaches can erode customer trust and lead to increased regulatory scrutiny, both of which can have adverse effects on the company's financial performance and stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100