Cybersecurity
Twitter Hack Shows Risk to Social Media Obsessed Markets
- Attack exposes vulnerability of trading based on social media
- Twitter has started an investigation into the hacking incident
Photographer: Chris Ratcliffe/Bloomberg
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This time it was just a cryptocurrency scam. But what happens if hackers infiltrate Twitter again and take aim at financial markets?
It’s easy to imagine a scenario where, instead of tweeting about Bitcoin, a hacked Elon Musk account plunges Tesla Inc.’s stock into a tailspin. It would only take a few seconds for a rogue @realDonaldTrump to send financial shockwaves around the world.