CISA Warns of Exploited Twilio Authy Vulnerability
The U.S. CISA has issued a cybersecurity alert regarding a critical vulnerability in Twilio’s Authy service (CVE-2024-39891), which is being actively exploited. This information disclosure issue affects Authy app versions on Android and iOS, allowing unauthorized access to sensitive phone numbers. Twilio urges users to update their apps immediately to prevent potential phishing attacks. Organizations are advised to take these warnings seriously and enhance their security measures to protect sensitive data.
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Twilio Inc. downgraded by HSBC from ‘Hold’ to ‘Reduce’
Twilio Inc. (NYSE:TWLO) has been downgraded by HSBC from a ‘Hold’ rating to ‘Reduce,’ with the firm also lowering its price target for the company’s shares. HSBC shifts its valuation approach for Twilio from Price to Sales (P/Sales) to Price to Earnings (P/E) ratio, citing a lower growth rate and steep valuation compared to similar companies. Analysts project continued losses through 2028, and warn of downside risk if investor sentiment shifts towards stricter adherence to GAAP metrics.