"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 ]




Spotlight

Over 225,000 Apple accounts compromised via iOS malware

Researchers from Palo Alto Networks and WeipTech have unearthed a scheme that resulted in the largest known Apple account theft caused by malware. All in all, some 225,000 valid Apple accounts have been compromised.


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

Tue, Sep 1st
    COPYRIGHT 1998-2015 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //