([London] Times) Twitter on the trail of Syria hackers who crashed Wall Street

Security experts at Twitter were fighting a seemingly losing battle yesterday against the Syrian Electronic Army, a shadowy group that sparked panic on financial markets this week by faking a news report about an bomb attack on the White House.

The group, which purports to support the regime in Damascus, hacked the Associated Press news agency’s Twitter account and reported that explosions in the White House had injured President Obama, sending markets into a tailspin, and wiping $136 billion (£89 billion) off the [value of the top 500 U.S. stocks in seconds]….

Read it all (requires subscription) and there is a lot more there from the WSJ.

Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, --Social Networking, Blogging & the Internet, Economy, Media, Middle East, Science & Technology, Stock Market, Syria