The Tweet that rocked Wall Street: $200 billion lost on fake message

A single hoax message sent via Twitter, the social media platform, erased billions of value from US stock markets on Tuesday, drawing attention to an electronic Trojan horse that hackers may manipulate with apparent ease.A picture may contain a thousand words, but a single fake tweet can blow a hole in financial markets in seconds.That was the costly lesson learned on Tuesday as a tweet allegedly from the Associated Press went the global rounds just before 1:08 p.m., reporting two explosions in the White House and that President Barack Obama had been injured.

via The Tweet that rocked Wall Street: $200 billion lost on fake message — RT Business.

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