AP Twitter Hack Causes Panic on Wall Street and Proves Need for Better Authentication

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American media suffered another black eye Tuesday afternoon when U.S. stock markets briefly went into a tailspin after the Associated Press’s Twitter account was hijacked and used to broadcast this false message: “Breaking: Two Explosions in the White House and Barack Obama is injured.”

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Story added 24. April 2013, content source with full text you can find at link above.