House Cybersecurity Subcommittee Chairman Pat Meehan, R-Pa., said...
House Cybersecurity Subcommittee Chairman Pat Meehan, R-Pa., said Tuesday’s stock market flash crash was a good example of how cyberattacks can impact the U.S. economy, during a subcommittee hearing Thursday. The Dow Jones Industrial Average plummeted more than 140 points…
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during midday trading Tuesday after hackers took control of the Associated Press’s Twitter account and posted a tweet that said: “Two Explosions in the White House and Barack Obama is injured.” Meehan said: “While the Dow Jones Industrial Average recouped its losses, the lesson is clear: we are in an interconnected world, and a successful attack on one network will certainly impact others."