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Twitter Implements Extra Security Layer

Reacting to a string of recent high-profile cyber heists, Twitter took a page from Google's (NASDAQ:GOOG) playbook on Wednesday and announced two-step password verification, an effort it hopes will add an extra layer of support and bring down the number of account takeovers.The move is in response to a series of market-moving attacks this year, including a takeover of the Associated Press's Twitter account last month that sent the stock market spiraling 143 points on false reports of a bombing at the White House.Last week, the Financial Times ' Twitter account was briefly in the hands of Syrian hackers , and the social media accounts of Burger King (NYSE:BKW) and Jeep have also fallen victim."Every day, a growing number of people log in to Twitter. Usually these login attempts come from the genuine account owners, but we occasionally hear from people whose accounts have been compromised by email phishing schemes or a breach of password data elsewhere on the web," Twitter said in a blog...

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