Cybercriminals saw an opportunity when many of Twitter’s staff started working from home. One cybercrime group conducted one of the most high-profile hacks of 2020 — knocking 4% off Twitter’s share price in the process.
In July 2020, after gathering information on key home-working employees, the hackers called them up and impersonated Twitter IT administrators. During these calls, they successfully persuaded some employees to disclose their account credentials.
Using this information, the cybercriminals logged into Twitter’s admin tools, changed the passwords of around 130 high-profile accounts — including those belonging to Barack Obama, Joe Biden, and Kanye West — and used them to conduct a Bitcoin scam.
This incident put “vishing” (voice phishing) on the map, and it reinforces what all cybersecurity leaders know — your company must apply the same level of cybersecurity protection to all its employees, whether they’re working on your premises or in their own homes.
Smishing and Vishing: What You Need to Know About These Phishing Attacks
Thursday, November 11th, 2021