Press Releases
Fake Press Releases: How Wire Service Hoaxes Manipulate Markets — And How to Stop Being a Victim
Fake press releases have been a category of securities fraud since the 2000 Emulex hoax wiped out $2.2 billion in 16 minutes. Generative AI compressed the attack cost. The 2026 threat to the wire industry is bigger than at any prior point — and the defenses haven't caught up.
