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Article posted: 4/27/2013 7:56 AM

Hack of AP twitter account exposes social media's weaknesses

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This screen grab shows a tweet from the compromised "60 Minutes" Twitter account. The Twitter accounts for two national CBS programs, as well as The Associated Press, have been compromised.

Associated Press

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Less than a month after social media received regulators' blessing to be a source for market- moving news, the hacking of the Associated Press's Twitter Inc. account is raising concerns over the trustworthiness of information spread via the microblogging site. Stocks tumbled about 1 percent this week after the Associated Press said a hacking attack caused it to send out an erroneous Twitter post about explosions at the White House.
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