Alabama man arrested for role in SEC Twitter account hijacking | CyberScoop<\/title> <meta name=\"description\" content=\"Eric Council Jr. was charged with aggravated identity theft and access device fraud in connection with the January 2024 incident.\"> <link rel=\"canonical\" href=\"https:\/\/cyberscoop.com\/sec-twitter-hack-arrest-sim-swapping\/\"> <meta property=\"og:locale\" content=\"en_US\"> <meta property=\"og:type\" content=\"article\"> <meta property=\"og:title\" content=\"Alabama man arrested for role in SEC Twitter account hijacking\"> <meta property=\"og:description\" content=\"Eric Council Jr. was charged with aggravated identity theft and access device fraud in connection with the January 2024 incident.\"> <meta property=\"og:url\" content=\"https:\/\/cyberscoop.com\/sec-twitter-hack-arrest-sim-swapping\/\"> <meta property=\"og:site_name\" content=\"CyberScoop\"> <meta property=\"article:published_time\" content=\"2024-10-17T18:09:51+00:00\"> <meta 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readability=\"0.82\"> <button class=\"stickybar__close js-stickybar-close\" aria-controls=\"stickybar\"> <svg class=\"icon icon--close\" width=\"21\" height=\"22\" viewBox=\"0 0 21 22\" fill=\"none\"><path d=\"m.822.518-.805.805L9.695 11 .017 20.678l.805.805 9.678-9.678 9.677 9.678.806-.805L11.305 11l9.678-9.677-.806-.805-9.677 9.677L.822.518Z\" fill=\"currentColor\" \/><\/svg> <span class=\"visually-hidden\">Close<\/span> <\/button> <\/section>\n<article class=\"single-article content\">\n<div class=\"single-article__container js-single-article-content\">\n<header class=\"single-article__header \" readability=\"25.420062695925\">\n<div class=\"single-article__header-content\" readability=\"33.624365482234\">\n<ul class=\"single-article__eyebrow\">\n<li class=\"single-article__category\"> <a class=\"single-article__category-link\" href=\"https:\/\/cyberscoop.com\/news\/threats\/cybercrime\/\"> <span>Cybercrime<\/span> <\/a> <\/li>\n<\/ul>\n<p> Eric Council Jr. was charged with aggravated identity theft and access device fraud in connection with the January 2024 incident. <\/p>\n<p>  <br \/>\n<audio id=\"audio-player\" src=\"https:\/\/wp-tts-cdn.api.scpnewsgrp.com\/cyberscoop\/82193\/english.openai.mp3\"><\/audio> <\/p>\n<div readability=\"11\">\n<div>\n<p>Listen to this article<\/p>\n<p>  <\/p>\n<p>0:00<\/p>\n<\/p><\/div>\n<p>  <\/p>\n<p> <span id=\"tts-tooltip\">Learn more.<\/span> <span> This feature uses an automated voice, which may result in occasional errors in pronunciation, tone, or sentiment. <\/span> <\/p>\n<\/div>\n<p>  <\/div>\n<div class=\"single-article__cover-wrap\">\n<figure class=\"single-article__cover\"> <img data-recalc-dims=\"1\" fetchpriority=\"high\" width=\"640\" height=\"424\" src=\"https:\/\/i0.wp.com\/ddi.mohflo.net\/wp-content\/uploads\/2024\/10\/alabama-man-arrested-for-role-in-sec-twitter-account-hijacking.jpg?resize=640%2C424&ssl=1\" class=\"single-article__cover-image wp-post-image\" alt decoding=\"async\" fetchpriority=\"high\" srcset=\"https:\/\/ddi.mohflo.net\/wp-content\/uploads\/2024\/10\/alabama-man-arrested-for-role-in-sec-twitter-account-hijacking-2.jpg 1920w, https:\/\/ddi.mohflo.net\/wp-content\/uploads\/2024\/10\/alabama-man-arrested-for-role-in-sec-twitter-account-hijacking-2.jpg?resize=300,199 300w, https:\/\/ddi.mohflo.net\/wp-content\/uploads\/2024\/10\/alabama-man-arrested-for-role-in-sec-twitter-account-hijacking-2.jpg?resize=768,509 768w, https:\/\/ddi.mohflo.net\/wp-content\/uploads\/2024\/10\/alabama-man-arrested-for-role-in-sec-twitter-account-hijacking-2.jpg?resize=1024,678 1024w, https:\/\/ddi.mohflo.net\/wp-content\/uploads\/2024\/10\/alabama-man-arrested-for-role-in-sec-twitter-account-hijacking-2.jpg?resize=1536,1018 1536w, https:\/\/ddi.mohflo.net\/wp-content\/uploads\/2024\/10\/alabama-man-arrested-for-role-in-sec-twitter-account-hijacking-2.jpg?resize=600,398 600w, https:\/\/ddi.mohflo.net\/wp-content\/uploads\/2024\/10\/alabama-man-arrested-for-role-in-sec-twitter-account-hijacking-2.jpg?resize=254,168 254w, https:\/\/ddi.mohflo.net\/wp-content\/uploads\/2024\/10\/alabama-man-arrested-for-role-in-sec-twitter-account-hijacking-2.jpg?resize=509,337 509w, https:\/\/ddi.mohflo.net\/wp-content\/uploads\/2024\/10\/alabama-man-arrested-for-role-in-sec-twitter-account-hijacking-2.jpg?resize=1019,675 1019w, https:\/\/ddi.mohflo.net\/wp-content\/uploads\/2024\/10\/alabama-man-arrested-for-role-in-sec-twitter-account-hijacking-2.jpg?resize=1272,843 1272w\" sizes=\"(max-width: 1019px) 100vw, 1019px\"><figcaption> In this photo illustration, a visual representation of the digital cryptocurrency Bitcoin is displayed in front of Securities and Exchange Commission (SEC) logo on January 10, 2024 in Paris, France. (Photo illustration by Chesnot\/Getty Images) <\/figcaption><\/figure>\n<\/p><\/div>\n<\/header>\n<div class=\"single-article__content\">\n<div class=\"single-article__content-inner has-drop-cap\"> <html readability=\"59.236360666449\"><body readability=\"119.71716444764\"><\/p>\n<p>A 25-year-old Alabama man has been arrested and charged with hacking into the Securities and Exchange Commission\u2019s Twitter\/X account earlier this year and making fake regulatory posts that<a href=\"https:\/\/cyberscoop.com\/sec-bitcoin-etf-gensler\/\"> artificially inflated<\/a> the price of Bitcoin by more than $1,000 per unit.<\/p>\n<p>Eric Council Jr., a resident of Athens, Ala., was arrested Thursday morning and charged with aggravated identity theft and access device fraud in connection with the January 2024 incident.<\/p>\n<p>According to the <a href=\"https:\/\/www.justice.gov\/usao-dc\/pr\/fbi-arrests-alabama-man-january-2024-sec-x-hack-spiked-value-bitcoin\">Department of Justice, the FBI and the SEC Inspector General<\/a>, Council and other unnamed parties used SIM-swapping to steal the identity of a third-party individual with access to the SEC\u2019s main account. The attackers only maintained control of the account for a short time, but before the SEC and Twitter\/X could restore access back to the agency, they published a post imitating Chair Gary Gensler and announced that the listing of Bitcoin on registered national securities exchanges had been approved.<\/p>\n<p>While the SEC did indeed eventually approve the listing, the premature posting caused considerable market disruption, sending the price up by $1,000 per bitcoin before falling by $2,000 per bitcoin when the announcement was revealed to be fake. <\/p>\n<div class=\"ad ad--inline_1 \">\n<div class=\"ad__inner\"> <span class=\"screen-reader-text\">Advertisement<\/span> <\/div>\n<\/div>\n<p>An internal investigation by the SEC earlier this year had already determined that the breach occurred through a SIM-swapping attack via a telecommunications carrier, and confirmed that the agency\u2019s Twitter\/X account did not have multifactor authentication in place. SIM-swapping attacks use social engineering and other methods to induce carriers to re-assign a cell phone number to another device controlled by the attacker.<\/p>\n<p>\u201cThese SIM swapping schemes, where fraudsters trick service providers into giving them control of unsuspecting victims\u2019 phones, can result in devastating financial losses to victims and leaks of sensitive personal and private information,\u201d said U.S. Attorney Matthew Graves. \u201cHere, the conspirators allegedly used their illegal access to a phone to manipulate financial markets. Through indictments like this, we will hold accountable those who commit these serious crimes.\u201d<\/p>\n<p>According to authorities, Council Jr., who went by the online handles \u201cRonin,\u201d \u201cEasymunny,\u201d and \u201cAGiantSchnauzer,\u201d was provided a fake identification card template and other personal information for the individual controlling the number attached to the SEC\u2019s account. <\/p>\n<p>According <a target=\"_blank\" href=\"https:\/\/www.justice.gov\/usao-dc\/media\/1373721\/dl?inline\" rel=\"noreferrer noopener\">to the indictment<\/a>, Council was tipped off by other co-conspirators that an individual, identified only as \u201cC.L\u201d had a phone number with access to the SEC\u2019s Twitter account. They then used an encrypted messaging service to send Council personal information, an identification card template and a photo of \u201cC.L\u201d to create a false identity. The co-conspirators also relayed that \u201cC.L\u201d had a cell phone account with telecommunications carrier AT&T.<\/p>\n<p>Council, who had his own identification card printer, printed out the fake ID and used it at an AT&T store on Jan. 9, 2024, posing as an \u201cFBI agent who broke his phone and needed a new SIM card.\u201d After obtaining a replacement card, he visited another cell phone provider store and used it to re-assign C.L\u2019s cell phone number to his device, giving him control over the individual\u2019s phone, its data and access codes for the SEC\u2019s Twitter\/X account.<\/p>\n<p>He then passed those codes along to his co-conspirators, who posted the fake tweet. He was paid an unspecified fee in bitcoin and later returned the phone.<\/p>\n<div class=\"ad ad--inline_1 \">\n<div class=\"ad__inner\"> <span class=\"screen-reader-text\">Advertisement<\/span> <\/div>\n<\/div>\n<p>Authorities claim Council Jr. later conducted a series of incriminating internet searches for \u201cSECGOV hack,\u201d \u201ctelegram sim swap,\u201d \u201chow can I know for sure if I am being investigated by the FBI,\u201d and \u201cWhat are the signs that you are under investigation by law enforcement or the FBI even if you have not been contacted by them.\u201d<\/p>\n<p>The short takeover of the account and the financial impact of the fake post caused outrage in Congress and among identity experts, who expressed disbelief that a high-profile social media account for an agency with market-moving regulatory powers was hijacked so easily and did not use multifactor authentication.<\/p>\n<p>A Scoop News Group <a href=\"https:\/\/cyberscoop.com\/federal-government-agency-social-media-security-multifactor-authentication\/\">review<\/a> of federal rules and regulations around agency social media use found that while many agencies strongly encouraged or internally required their accounts to have multifactor authentication and other protections in place, there are no standard or mandatory rules requiring them to do so.<\/p>\n<p>The Office of Management and Budget, which has the authority to implement cybersecurity policy across the federal government, repeatedly declined to answer questions from CyberScoop in the wake of the hack about whether federal agencies were required to use multifactor authentication for social media accounts.<\/p>\n<p>Grant Schneider, who served as federal chief information security officer in OMB before leaving government in 2020, told CyberScoop that much of the authority OMB and other agencies have over civilian federal cybersecurity policy derives from the Federal Information Security Management Act, a law originally passed in 2002 and updated in 2014. <\/p>\n<div class=\"ad ad--inline_1 \">\n<div class=\"ad__inner\"> <span class=\"screen-reader-text\">Advertisement<\/span> <\/div>\n<\/div>\n<p>Because that law is focused on \u201cfederal information and federal information systems,\u201d when an agency is using a social media platform that is not housing or processing federal data, \u201cI\u2019m not convinced that OMB or [the Cybersecurity and Infrastructure Security Agency], at least under FISMA, has the authority to direct how agencies secure those accounts,\u201d Schneider said. <\/p>\n<p><\/body> <\/p>\n<footer class=\"single-article__footer\" readability=\"3.4813499111901\">\n<div class=\"author-card\" readability=\"13\">\n<div class=\"author-card__avatar\">\n<figure class=\"author-card__image-wrap\"> <img data-recalc-dims=\"1\" decoding=\"async\" class=\"author-card__image\" src=\"https:\/\/i0.wp.com\/ddi.mohflo.net\/wp-content\/uploads\/2024\/10\/alabama-man-arrested-for-role-in-sec-twitter-account-hijacking-1.jpg?w=640&ssl=1\" alt=\"Derek B. Johnson\"> <\/figure>\n<\/p><\/div>\n<p><h4 class=\"author-card__name\">Written by Derek B. Johnson<\/h4>\n<p> Derek B. Johnson is a reporter at CyberScoop, where his beat includes cybersecurity, elections and the federal government. Prior to that, he has provided award-winning coverage of cybersecurity news across the public and private sectors for various publications since 2017. 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{"id":5789,"date":"2024-10-17T13:09:51","date_gmt":"2024-10-17T18:09:51","guid":{"rendered":"https:\/\/cyberscoop.com\/?p=82193"},"modified":"2024-10-17T13:09:51","modified_gmt":"2024-10-17T18:09:51","slug":"alabama-man-arrested-for-role-in-sec-twitter-account-hijacking","status":"publish","type":"post","link":"https:\/\/ddi.mohflo.net\/index.php\/2024\/10\/17\/alabama-man-arrested-for-role-in-sec-twitter-account-hijacking\/","title":{"rendered":"Alabama man arrested for role in SEC Twitter account hijacking"},"content":{"rendered":"