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Spikerz CEO: One Bad Post Can Wipe Out $130 Billion

A single compromised social media account can trigger market crashes or drain millions, according to the head of an Israeli security firm.

By Renata Mehta ·

Illustration for: Spikerz CEO: One Bad Post Can Wipe Out $130 Billion
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One false tweet in 2013 erased $130 billion in market value. Naveh Ben Dor, the founder and CEO of Spikerz, cited that historic breach as the baseline for modern digital risk during Tel Aviv University's Cyber Week on Tuesday. He argued that corporate social media channels are among the most exposed parts of a company's infrastructure, often lacking the specific safeguards found in traditional IT environments.

Ben Dor explained that Spikerz monitors external digital assets, including websites, mailing lists, and advertising platforms. The firm currently secures accounts with a combined audience of more than 1.6 billion users. Its clients include major international brands, professional sports teams, and celebrities who depend on their online presence for revenue. The company recently won the CISO's Choice: Fire Pitch competition at the main plenary session of the event.

The primary threat involves phishing attacks that exploit the weaker security of direct messaging features. Ben Dor described a recent incident where an employee at a client company received a message from an impersonator claiming a copyright violation. The employee shared login credentials, allowing attackers to take over the Instagram account and promote a cryptocurrency scam. He noted that many organizations treat these domains with less rigor than their corporate email systems, leaving them vulnerable to internal hijacking.

Former employees present another distinct risk. Ben Dor warned that staff who leave a company sometimes retain access to accounts, creating a pathway for unauthorized posting. He stated that years of brand trust can vanish quickly if a rogue or former employee posts damaging content without immediate monitoring in place to detect the anomaly.

The integration of artificial intelligence agents has added a new layer of complexity to these threats. Ben Dor pointed to a case where an AI agent managing an advertising campaign sent a budget of $2.2 million to an incorrect website. He explained that unlike human workers, AI agents follow prompts without common sense, often failing to recognize the financial impact of their actions. In one example, a social media manager connected a company account to an AI tool from a personal phone without notifying the organization.

Ben Dor identified the lack of clear governance rules for these autonomous systems as the main current risk. He emphasized the need for continuous scanning of communications to detect anomalies before they cause damage. The firm's technology is designed to identify unusual activity, remove malicious content, and secure compromised accounts in real time.

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