Twitter shares fell 7% after it announced about unusual spike in its traffic.
Twitter in its blog said it received a large number of traffic from individual internet IP address from China and Saudi Arabia. The unusual traffic could be state sponsored hackers who may be trying to steal users data including phone number and country codes.
Twitter statement in the blog it published read “Suspicious traffic to a Twitter user forum appears to be part of a government-backed activity coming from China and Saudi Arabia”.
The new breach would break trust and hurt the users engagement with twitters services.
The micro-blogging platform also said it has shared data with the authorities and are investigating them. Only once investigations are concluded the company would be able to answer the intent and the type of data stolen.