According to testimony from the company's former head of security, Peiter "Mudge" Zatko, the company hid negligent security practices, misled federal regulators about its safety, and failed to properly estimate the number of bot on its platform. There are huge consequences to the allegations, including federal fines and the unraveling of Musk's bid to buy the social networking site.
Zatko claims that he was retaliated against for refusing to stay quiet about the company's vulnerabilities. He filed a complaint with the SEC last month, accusing the company of deceiving shareholders and violating an agreement it made with the FTC. CNN and The Washington Post obtained his complaints and made them public this morning.
In an interview with CNN, Zatko said that he joined the company in 2020 after the company was hit by a massive hack in which accounts belonging to figures like Barack Obama and Bill Gates were compromised. Zatko joined the platform because he thought it was a critical resource for the world, but he became dissatisfied with the CEO's refusal to address the company's security issues.
Zatko told The Washington Post that he was still fulfilling his obligation to Jack and to the users of the platform after becoming a whistle blower. Jack brought me in for the purpose of improving the place.
Many damning reports and accusations are contained in Zatko's disclosures to the SEC.
The former chief of security was accused of sensationalizing and presenting information by the company. The person told CNN.
“Mr. Zatko was fired from his senior executive role at Twitter for poor performance and ineffective leadership over six months ago. While we haven’t had access to the specific allegations being referenced, what we’ve seen so far is a narrative about our privacy and data security practices that is riddled with inconsistencies and inaccuracies, and lacks important context. Mr. Zatko’s allegations and opportunistic timing appear designed to capture attention and inflict harm on Twitter, its customers and its shareholders. Security and privacy have long been company-wide priorities at Twitter and we still have a lot of work ahead of us.”
The company will be affected by Zatko's allegations. According to sources cited by The Washington Post, if Zatko's accusations are proven to be correct, the FTC would likely impose significant fines on the social networking site.
The struggle between Musk and the social network will be affected by the complaint. Musk is currently trying to extricate himself from a $44 billion agreement to buy the company, justifying the decision with an accusation thatTwitter is lying about the true number of bot andspam accounts on the platform. Musk's arguments have previously been criticized as unwarranted.