Hackers caused major embarrassment to the Associated Press, after gaining access to its Twitter account and tweet false messages about a bombing at the White House - sending markets in to a brief panic.
The AP quickly suspended all of its Twitter feeds following the attack. Hackers from the Syrian Electronic Army have taken credit for the cyber attack via their Twitter feed.
"Earlier this afternoon the @AP Twitter account was hacked," said director of Associated Press media relations Paul Colford in a statement. "Out of a sense of caution, we have suspended other AP Twitter feeds. We are working with Twitter to sort this out."
The bogus tweet reported that the White House had been hit by a bombing and that president Obama had been hurt during the attack.
However, some were affected by the fake news. The Associated Press said the Dow Jones Industrial average briefly fell following the tweet. As of this writing shares have begun to level out to where they were before the false tweet.
According to the AP, the attack came following repeated attempts from hackers to phish for journalist's passwords.
Associated Press journalist Mike Baker reported on Twitter that journalist began receiving "impressively disguised phishing emails" in the hour leading up to the hack.
Hacking group the Syrian Electronic Army made headlines this year for Twitter hacks on media groups such as BBC and National Public Radio (NPR). It is a pro-government Syrian hacking group, which has been upset with how the media has portrayed the ongoing civil war in Syria.
Twitter hacks have led many to push for the social networking company to instate two-factor authentication. Two-factor authentication would require Twitter users who want extra security to log-in with both their normal password and a special key which would be sent to them by phone or email.
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