"Logic bomb" backfires on hacker

Friday, 15 December 2006, 12:15 AM EST

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.

At Scientific American.

[ Read more ]




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