A Hacker’s Market?

Never in the history of written communication could 140 characters have the impact that they can have now, as the recent hacking of the Associated Press's Twitter account revealed. Because few mechanisms can prevent hoaxed tweets, and given powerful incentives to broadcast them, malicious attacks can be expected to proliferate.

NEW YORK – Never in the history of written communication could 140 characters have the impact that they can have now. Two weeks ago, after gaining access to the Associated Press’s main Twitter account (@AP), the Syrian Electronic Army (SEA) posted a fake tweet reporting two explosions in the White House and the injury of President Barack Obama. Within seconds, US financial markets dropped by about 1%.

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