Think your dollars are safe in the US Stock Market? Not if international hackers get in the way.
A hacked Twitter account of a major news organization Tuesday dispelled any lingering notion that tweets are mere 140-character missives that harmlessly fly off into the ether. Tuesday, a 1:07 p.m. ET tweet from the Associated Press exclaimed "Breaking: Two Explosions in the White House and Barack Obama is injured." It was a hoax, but within seconds, Wall Street was in panic mode, sending the Dow Jones Industrial Average into free-fall and erasing nearly $200 billion off the broader market's value. The Associated Press quickly revealed its Twitter account had been hacked and said the tweet was fake. The White House issued assurances that the president was safe. "The president is fine," spokesman Jay Carney said. "I was just with him."