Former Twitter security chief Zatko to receive $7 million in compensation
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Twitter executives have agreed to pay former social network security chief Peter Zatko $7 million in compensation for his dismissal from the companies. informed newspaper The Wall Street Journal.
It is specified that the company agreed to pay him compensation in June. According to the publication, Zatko also, as part of an agreement signed with the leadership of Twitter, promised not to disclose information that he received while serving as head of security.
However, after that, in July, Zatko sent complaints to the US Congress and federal agencies of the state that Twitter had security problems that could threaten users’ privacy. He also drew attention to the fact that the company’s management hid information about violations of cybersecurity rules, including hacking user accounts. Twitter called these claims false.
It was these messages that entrepreneur Elon Musk considered another sufficient reason to terminate the deal to buy the social network for $44 billion. He officially announced that he would not buy the company on July 8, despite the fact that an agreement had already been reached with Twitter management in April. Then Musk cited the large number of bot accounts that artificially inflated the number of real social network users as the reason. Zatko also reported this: he said that the company’s management does not know the exact number of fake accounts. In turn, Twitter claims that the share of such accounts does not exceed 5% of the total number of users. According to the entrepreneur, fake accounts can exceed 20-25% of all Twitter users.
According to Zatko, he was fired from the company after he tried to convey information to the board of directors about existing problems with cybersecurity, and not because he allegedly “poorly performed.”
After Zatko made his statements, Musk approached him to testify in court as an entrepreneur’s witness against Twitter. After Musk refused to buy the social network, the company’s management filed a lawsuit to close the deal. According to Twitter, Musk is pulling out of the deal because the company’s value has fallen: now the share price is about $38 per share, while the entrepreneur originally offered about $54.2 per share. At the end of July, Musk filed a counterclaim.
According to the WSJ, Zatko will meet with the US Senate Judiciary Committee next week, September 13, to testify.
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