Technology

Fake Fox Tweets Claim Obama Killed

The site FoxNewsPolitics.com, part of the online presence of the huge Fox and Fox News online presences was hacked. Malicious tweets said President Obama had been killed. Obama is actually safe on a July 4 holiday. Fox is owned by News Corp (NYSE: NWS) which is run by Rupert Murdoch

Fox announced “FoxNews.com alerted the U.S. Secret Service, which is declining public comment. Jeff Misenti, vice president and general manager of Fox News Digital, said FoxNews.com is working with Twitter to address the situation as quickly as possible.”

Hacks have begun to occur with increased frequency. One recently took down the entire Sony (NYSE: SNE) PlayStation Network. Yet another caused the release of the personal data of 360,000 Citigroup (NYSE: C) credit card holders. Google (NASDAQ: GOOG) GMail accounts, some of which belong to Washington officials were hacked. So was the web presence of the largest US defense contractor–Lockheed Martin (NYSE: LMT)

Companies that allow people access to their sites, Twitter or Facebook accounts, or even cloud-based data may find that they have to decrease their online presences and curtail the amount of information that they store on servers for their customers. Either of those actions could radically change the way the internet is used in favor of the kind of closed computing which was once at the center of PC operations.

The internet’s expansion, both as a way to communicate and to store and transfer data may change considerably in a matter of months, an alteration of a system that took a decade to build. Web software security has not been able to stay ahead of the hacking community, and there is not reason to believe at this point that the problem will change

Douglas A. McIntyre

Essential Tips for Investing: Sponsored

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.