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X Money Expansion Triggers Mass Password Resets

X Investigates Unauthorized Password Reset Requests Amid X Money Expansion

  • X is investigating multiple reports of unauthorized password reset requests linked to its @XMoney service.
  • Users reported receiving unsolicited password reset emails and verification codes, raising security concerns.
  • X has not found evidence of any breaches but recommends enabling two-factor authentication and Password Reset Protection.
  • The surge in password reset activity coincides with the rollout of X Money for U.S. Premium users, allowing direct money transfers.
  • Legal teams at X are working to identify and hold accountable those attempting unauthorized access.

The investigation into unauthorized password resets highlights potential security risks associated with the recent expansion of @XMoney. Users are advised to take precautions as the company continues to monitor the situation closely.

As X investigates these incidents, it emphasizes that no breaches have been confirmed, urging users to remain vigilant in protecting their accounts during this period of heightened activity.(Source)

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