Man accused of crashing UBS servers

Friday, 9 June 2006, 12:27 AM EST

A US court has heard how a disgruntled IT manager allegedly wiped out all UBS Paine Webber servers for a day leaving traders unable to trade because he was unhappy with his bonus.

Not only is Roger Duronio accused of using a "logic bomb" to crash the investment bank's servers he is also accused of going short on UBS shares just before the incident - so if UBS shares fell in value Duronio would make a profit.

At The Register.

[ Read more ]




Spotlight

Why vulnerability disclosure shouldn’t be a marketing tool

Brian Honan, CEO at BH Consulting, talks about a recent vulnerability disclosure trend – a trend that he believes may ultimately cause more harm than good: security vendors using vulnerability disclosure as a marketing tool with the goal of enhancing their company’s bottom line.


Weekly newsletter

Reading our newsletter every Monday will keep you up-to-date with security news.
  



Daily digest

Receive a daily digest of the latest security news.
  
DON'T
MISS

Thu, Jul 2nd
    COPYRIGHT 1998-2015 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //