State regulators at the Department of Financial Services will investigate the hack of the social media platform Twitter after the accounts of prominent people and well-known brands were hacked on Wednesday.
The disruption led to the temporary freezing of verified accounts on the site and spurred concerns over cybersecurity for the platform.
"The Twitter hack and widespread takeover of verified Twitter accounts is deeply troubling and raises concerns about the cybersecurity of our communications systems, which are critical as we approach the upcoming presidential election," Gov. Andrew Cuomo said on Thursday.
"With more than 300 million users, Twitter is a primary source of news for many, making it a target for bad actors. This type of hack by con artists for financial gain can also be a tool of foreign actors and others to spread disinformation and - as we've witnessed - disrupt our elections."
The accounts of former Vice President Joe Biden, former President Barack Obama, businessman Elon Musk and others were hacked and since-deleted posts claimed they were giving away the e-currency Bitcoin.
The Department of Financial Services typically oversees the banking and insurance industries, but it has a purview over cybersecurity as well.