Knicks call plan to use fake championship rings as employee phishing test 'an unfortunate mistake,' will issue rings to employees
Key Points:
- Madison Square Garden (MSG) confirmed it used the promise of New York Knicks championship rings as a phishing test following a recent hack involving employee credentials.
- The phishing simulation aimed to strengthen cybersecurity after the company was hacked and extorted through a similar phishing attack.
- The use of championship rings as a lure caused controversy since many longtime MSG employees, including some in Knicks' business operations, were not originally slated to receive rings.
- MSG clarified it will distribute over 275 championship rings and jewelry valued at more than $3.7 million to players, coaches, employees, and other Knicks affiliates.
- The incident highlights heightened cybersecurity concerns within the organization, reportedly influenced by Knicks owner James Dolan.