A new scam has emerged targeting the verified users on Twitter.
UPDATED: November 2, 2022 09:34 AM IST
By Ankita ChakravarticTwitter: Elon Musk, the new chief of Twitter, wants users to pay $8 or Rs 661 per month whether they like it or not. While some users are already planning to leave the platform, cyber criminals see it as an opportunity to trick verified Twitter users. A new scam has emerged targeting the verified users on Twitter. The victim is sent a phishing link sent with the intent to steal their phone number and other details related to their Twitter account.
According to TechCrunch, a new phishing campaign is tricking Twitter users into entering their username, password, and phone number on an unauthenticated site, which claims to be a Twitter help site. The phishing email that also contains a link claims that the verification badge will cost $19.99 per month as of November 2. However, users can bypass the monthly fee if they confirm that they are a “famous or well-known” person.
Musk said goodbye to Parag Agrawal along with legal head Vijaya Gadde and CFO Nel Segal once the deal was closed. After firing the top executives, Musk dissolved the board of Twitter and became the sole director of the company.
“On October 27, 2022, and as a result of the completion of the Merger, Mr. Musk became the sole director of Twitter. Subject to the terms of the Merger Agreement, effective as of the effective date of the Merger, the following persons, who were directors of Twitter prior to the effective time of the Merger, are no longer directors of Twitter: Bret Taylor, Parag Agrawal , Omid Kordestani, David Rosenblatt, Martha Lane Fox, Patrick Pichette, Egon Durban, Fei-Fei Li and Mimi Alemayehou,” the SEC filing revealed.
However, Musk has called the changes “temporary.” This means that Musk will not remain the director, he is also expected to form the board soon.
Musk is also going to make major changes to the site’s verification process. According to reports, Tesla’s CEO will ask verified users to pay a monthly fee of $20 to keep their blue tick. If the users do not pay the amount, they have to release their blue tick.
Another report claimed Musk will lay off nearly 75 percent of the workforce, cutting the workforce from 7,500 to 2,000. Musk, however, has denied the reports.