Scarinci Hollenbeck, LLC
The Firm
201-896-4100 info@sh-law.comFirm Insights
Author: Scarinci Hollenbeck, LLC
Date: August 3, 2020
The Firm
201-896-4100 info@sh-law.comTwitter recently suffered a high-profile cyberattack that compromised the accounts of some of its most famous users, including Barack Obama, Elon Musk, Bill Gates, and Kanye West. While the hackers only got away with $120,000 in Bitcoin, Twitter is facing intense scrutiny over it’s the effectiveness of its data security safeguards.

According to media reports, hackers were able to obtain an employee’s account information and credentials which they used to gain access to an internal Twitter dashboard. These hackers then used Twitter’s internal administrative tool to lay siege of individual user accounts and perpetrate a Bitcoin scam. The “weak link” in Twitter’s cybersecurity model was none other than its own employee.
Twitter isn’t the first (and won’t be the last) company to suffer a data breach at the hands of an unwitting employee. As companies increase their cybersecurity protection algorithms, hackers are turning to social engineering to sidestep those controls.
The term “social engineering” refers to the art of exploiting human psychology, rather than technical hacking techniques, to gain access to buildings, systems or data. For example, rather than attempting to exploit a software’s vulnerability, hackers will send an email to an employee that purports to be, for instance, from the IT department to trick the employee into providing his password.
In most cases, employees who expose company data actually believe they are doing their job. “People inherently want to be helpful and therefore are easily duped,” said Kevin Mitnick, one of the country’s most notorious hackers. “They assume a level of trust in order to avoid conflict.”
Social engineering attacks have been on the rise in recent years. An estimated 62 percent of businesses experienced phishing and social engineering attacks in 2018. While social engineering schemes can take a variety of forms, phishing attacks are among the most common. As we have discussed in prior articles, phishing scams use email or malicious websites to solicit sensitive information by posing as a trustworthy source, i.e. fellow employee, business partners, vendor, etc. For example, an attacker may send an email seemingly from your company’s financial institution that requests account information, often suggesting that there is a problem. Hackers can then use the information provided to gain access to the accounts.
With so many employees working remotely, COVID-19 is providing fertile ground for cyberattacks. The key to avoiding a social engineering attack is to train employees to never disseminate sensitive information unless they are certain of the identity of the requesting party and confirm that the requesting party should be given access to the information sought. Below are several specific tips from the Cybersecurity and Infrastructure Security Agency (CISA) to help build proper awareness amongst your employees:
Twitter’s much-publicized hack highlights that data breaches can cause significant reputational harm, particularly if the public perceives that the threat could have been easily thwarted. Employees are vulnerable to social engineering hacks, even at the most tech-savvy companies. With workers increasingly working remotely and conducting business via email, it is imperative that they are trained to safeguard sensitive business data.
If you have any questions or if you would like to discuss the matter further, please contact me, Maryam Meseha, or the Scarinci Hollenbeck attorney with whom you work, at 201-896-4100.
No Aspect of the advertisement has been approved by the Supreme Court. Results may vary depending on your particular facts and legal circumstances.

The most effective ways to protect your business in a divorce are put in place before one begins: a prenuptial or postnuptial agreement, clean separation of business and personal finances, and divorce contingencies built into your operating or buy-sell agreements. If divorce is already underway, the priorities shift to establishing how the business is classified […]
Author: Jay McDaniel

The most common franchise disputes involve breach of contract, franchise termination and non-renewal, intellectual property rights, territorial encroachment, royalty and fee payments, franchisor support obligations, and violations of state franchise laws such as the New Jersey Franchise Practices Act. Franchisors and franchisees can often resolve these conflicts by providing written notice detailing the dispute and […]
Author: Paul Grossman

New Jersey businesses must manage legal and reputational risk together because modern disputes play out on two fronts at once: the legal proceeding itself and the court of public opinion, where customers, employees, investors, and business partners often reach conclusions long before a judge or jury has had the opportunity to evaluate the facts. Success […]
Author: Sean M. Pena

No. An eviction does not automatically end a tenant’s obligation to pay rent. Post-eviction rent claims are common because recovering possession resolves who has the right to occupy the premises, but it does not extinguish the tenant’s contractual obligations under the lease. Whether unpaid or future rent remains owed depends on three factors: the lease’s […]
Author: Donald M. Pepe

A company is dissolved; legally, it ceases to exist. Accordingly, dissolution results in significant legal and financial consequences. It is a process that must be properly managed to avoid continuing liability. The Corporate Dissolution Process Corporate dissolution is the legal process of formally closing a corporation, paying its debts and distributing the remaining assets. Most […]
Author: Jay McDaniel

A triple net lease is a commercial lease in which the tenant pays the property’s real estate taxes, insurance, and maintenance costs, known as the three nets, in addition to base rent. They are most often used in freestanding retail and office buildings and in large single-tenant industrial properties, with terms that typically run 10 […]
Author: Donald M. Pepe
No Aspect of the advertisement has been approved by the Supreme Court. Results may vary depending on your particular facts and legal circumstances.
Consider subscribing to our Firm Insights mailing list by clicking the button below so you can keep up to date with the firm`s latest articles covering various legal topics.
Stay informed and inspired with the latest updates, insights, and events from Scarinci Hollenbeck. Our resource library provides valuable content across a range of categories to keep you connected and ahead of the curve.
Let`s get in touch!
Sign up to get the latest from the Scarinci Hollenbeck, LLC attorneys!