Twilio shares are trading lower after the company confirmed an unsecured API endpoint allowed threat actors to verify phone numbers of Authy users.
Portfolio Pulse from Benzinga Newsdesk
Twilio shares are trading lower after the company confirmed an unsecured API endpoint allowed threat actors to verify phone numbers of Authy users.
July 03, 2024 | 4:56 pm
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Twilio shares are trading lower due to a security breach involving an unsecured API endpoint that allowed threat actors to verify phone numbers of Authy users.
The security breach involving an unsecured API endpoint is a significant issue for Twilio, as it directly impacts user trust and could lead to potential regulatory scrutiny. This negative news is likely to cause a short-term decline in Twilio's stock price.
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