by Twitter seems to have been dealt a huge low blow by one of the insiders who has recently turned into a whistleblower.
According to the whistleblower, there are so many things where Twitter has too many deficiencies. The whistleblower has claimed that these deficiencies are related to content moderation, security, and privacy.
The report has been submitted to the major regulatory authorities in the United States containing the complaint.
In the complaints filed against Twitter, the whistleblower has shared extreme and very alarming discrepancies regarding the platform.
Complaints Filed with Major US Regulators
According to sources, the complaints have been filed by three major regulatory authorities. These authorities include the Department of Justice (DoJ), Federal Trade Commission (FTC), and the Securities and Exchange Commission (SEC).
Whistleblower Aid filed complaints against the social media giant, which is a non-profit law firm. The complaints have been acquired by multiple news report outlets in the United States.
The person who has come forward with information regarding Twitter’s discrepancies is Peiter “Mudge” Zatko. He was the former head of security at Twitter.
Whistleblower Aid gained prominence when it represented Frances Haugen, a whistleblower from Facebook.
Twitter Stocks Moved South
As the news of the whistleblower filing complaints spread all over the news reporting channels and social media, Twitter’s stocks started to move south.
In the recent trading session, the share prices for Twitter have experienced over a 5% drop.
Allegations against Twitter
In the report submitted by the three regulatory authorities, Zatko has provided details of the discrepancies.
In the complaint, Zatko has alleged the executive of being involved in deceitful acts. As per Zatko, he has witnessed CEO Parag Agrawal misleading and giving deceitful information to the members of the board.
He has also done the same with the shareholders as well as the users.
Zatko even revealed that on multiple occasions during 2021, Agrawal forged misleading and false documents.
Zatko was terminated after his Final Report Submission
Zatko revealed that he was terminated for the submission of the final report on Twitter. In the report, it was mentioned that the company had failed to meet the requirements of dealing with the four key issues.
He revealed that the security software at Twitter was out-of-date and it lacked the security measures considered basic given current trends.
There were many issues in regard to the safety of the data and the control systems. The internal processes at Twitter are problematic.
Then there are security incidents that are impacting the data of the users on a very large scale.
Zatko has also alleged that around 500,000 servers that are more than 50% of Twitter’s total servers are running software that is out of date.
In the upcoming days, all these complaints will be reviewed by the regulatory authorities. It seems that Twitter is going to get into a lot of trouble because of Zatko.
