By Ricardo Lezama 
Hackers Have User Phone Numbers. Great.
Twilio’s Data Breach Risks Impact 33 Million Users
The Breach: Twilio, a renowned software-centric communication service provider, recently found itself in the midst of an unfortunate security breach. Hackers successfully attacked the company’s two-factor authentication app Authy, exposing the phone numbers of nearly 33 million users. While the compromised data primarily included user phone numbers and account IDs, Twilio confirmed that no personal data was leaked in the cyber-attack.
Hopefully, not related to the breach, on the same day that was revealed (July 3, 2024) an insider sold over half a million dollars worth of shares. Per Fidelity’s renditions of the newswires:
Khozema Shipchandler, Director, Chief Executive Officer, on July 01, 2024, sold 11,241 shares in Twilio ( TWLO ) for $632,730. Following the Form 4 filing with the SEC, Shipchandler has control over a total of 300,084 shares of the company, with 300,084 shares held directly.
– MT Newswires via fidelity
Reactions and Implications
Despite assurances from Twilio, the incident has caused ripples of concern among users and industry watchers alike, recognizing the potential for phishing attempts and asset security risks. There is also talk of enhanced features and alternative products that offer more secure resources for customers, as users and competitors react to the news of the data breach.
Corporate Response
As a response to the breach, Twilio is ramping up its security measures and assures its users that encrypted data remains secure. Interestingly, the tech company is also offering potential positions for software engineers and product managers as part of their attempts to fortify their systems against future cyber-attacks. Interesting timing for both the sale of stock, hiring of personnel and just an overall attempt to reform.
New Remote Job! ⭐ twilio is hiring a Privacy Coordinator
— Empllo (@empllo) July 6, 2024
Location requirement: United Kingdom / Europe 🌎
Apply here👇https://t.co/anh5M0O1Yr