Associated Press Twitter Account Hack Sends Dow Plunging Briefly

NEW YORK (CBSNewYork/AP) –  The Associated Press is the latest media organization to have its Twitter account hacked.

The hackers sent out a bogus tweet Tuesday afternoon about a non-existent attack on the White House.

The false report prompted a sharp sell-off on Wall Street.

At 1:07 p.m., the Dow was at 14,698. Then came the tweet. By 1:10 p.m., the Dow was at 14,555.

The tweet said there had been two explosions at the White House and President Barack Obama was injured.

The tweet came after hackers made repeated attempts to steal the passwords of AP journalists.

By 1:18 p.m., the market had recovered.

The AP said its Twitter account had been suspended after the hack and said it was working to correct the issue.

The cyberattack is the latest in a string targeting international media organizations.

(TM and © Copyright 2013 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2013 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)

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