When a Twitter account used by reporters for the Associated Press was hacked and used to put out bogus information about a national emergency, people got jumpy. Investors panicked. Within seconds of the false report of explosions in the White House, the Dow Jones industrial average plummeted more than 140 points.
The market recovered, but the cyber-invasion into the international news agency’s social media account highlighted the "serious security concerns that surround the use of social media by corporations," said Steven J. Bonafonte, a member at Pullman & Comley in Hartford.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
