[pchelpers] News:'Logic Bomb' Backfires on Hacker
- From: John Durham <john.modec@xxxxxxxxxx>
- To: PC-Helpers <pchelpers@xxxxxxxxxxxxx>
- Date: Fri, 15 Dec 2006 06:14:03 +1300
December 14, 2006
NEW YORK (Reuters)—A former UBS PaineWebber employee was sentenced to
eight years in prison on Wednesday for planting a computer "logic bomb"
on company networks and betting its stock would go down.
The investment scheme backfired when UBS stock remained stable after the
computer attack and Roger Duronio lost more than $23,000.
A federal judge in New Jersey sentenced Duronio, 64, to 97 months in
prison and ordered him to make $3.1 million in restitution to his former
employer, the U.S. attorney's office said in a statement.
More here:
http://www.extremetech.com/article2/0,1697,2072623,00.asp
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John Durham
Site http://modecideas.com
Good advice is like good paint. It only works when applied.
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