A great and thorough explanation of how the hacker "Croll" accessed key Twitter business documents and accounts in the cloud. Comes down to human practices, chance and security holes.
This latest Twitter security problem is NOT related to the service itself. Instead it seems that some internal draft documents were stolen by hacking an employee Google account.
Clean Tweets is a firefox extension that removes selected content from trending topics. It also allows for stopping tweets from accounts that issue these spam topic (c/o BW).
Interesting discussion around the often trivial concernfrom executives with data privacy (outside of health data). Twitter and Facebook may help improve this situation.