Thursday, December 14, 2006

 

IT Security: The Insider Threat

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.

I wonder if us IT employees in the blogosphere should send him some soap on a rope. Maybe he can start blogging from jail and share with us what it is like to be owned...






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