When they start bombing golf courses or basketball courts or vacation destinations I'll be worried about the Presidents safety.
fixed for truthiness and even more LOLZ.
To show you what complete morons work for AP: these were script kiddie types that password cracked some of the accounts (because the passwords easy to guess 4-5 letters ) and used spear phishing on the rest of them.
The same AP geniuses getting on the NYPD's case for being racist. Yeah.
automated trading kicked in based on word combinations. how's that for dumb.
The stock market lost hundreds of billions of dollars in value in two minutes.
About half of all stock market trades are computer driven, and their algorithms include buying and selling shares after scanning various news feeds including Twitter.
This attack exposed a big vulnerability in the system, and it also opened the door for future fraudulent activity. A person or group can hack a twitter account, post a false message which sends the markets automatically tumbling, buy the dip, and sell on the recovery a couple of minutes later. Instant profit, which could be huge if enough money is laid down.