A tweet from a hacked Associated Press Twitter account spread like wildfire on Tuesday, with users tweeting and re-tweeting the false report that a bomb had gone off in the White House and had harmed the president.
The false tweet went out shortly after 1 p.m. and briefly sent the Dow Jones industrial average sharply lower. The Dow fell 143 points, from 14,697 to 14,554, after the fake Twitter posting, and then quickly recovered.
On the Media co-host Bob Garfield said the incident highlights that Twitter should harden its security protocols.
“Historically, Twitter is seen as self-correcting. Yes, mistakes go out, bad information goes out, but the greater Twitterverse quickly finds the truth and repeats it. But clearly in a case like this, not before a whole lot of people have lost some money or perhaps gained a whole lot,” Garfield said.
Listen to WNYC's Amy Eddings' full interview with On the Media’s Bob Garfield above.