22 January 2007 | 9,145 views

Logic Bomb Backfires on Hacker Employee

Cyber Raptors Hunting Your Data?

Ah the logic bomb, a source of humour for many due to it’s frequent showing up in ‘hacking’ movies, and it’s complete mis-use.

ZOMG THE LOGIC BOMB IT’S GONNA PWN US ALL!

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.

8 years, pretty harsh eh?

You better be careful if you are planning on pwning your ex-company with some lame script.

Duronio quit his job as a systems administrator in February 2002 after repeatedly expressing dissatisfaction about his salary and bonuses, the statement said.

He then planted malicious computer code known as a “logic bomb” in about 1,000 of PaineWebber’s approximately 1,500 networked computers in branch offices. On March 4, 2002, the “bomb” detonated and began deleting files.

Duronio attempted to profit from the attack, the statement said. He bought more than $23,000 in put option contracts for UBS AG stock, betting the stock’s price would go down after his “logic bomb” went off.

His big mistake was the attempt at insider trading based on his attack on the company, seems like he screwed up loyally.

Losing $23,000 and spending 8 years in a cosy cell with Bubba, nice one!

Source: Reuters UK

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    5 Responses to “Logic Bomb Backfires on Hacker Employee”

    1. James 22 January 2007 at 6:34 am Permalink

      Bwa ha ha ha ha!
      I love it when shi7 backfires on people!
      “Hey, is that egg or yer face?”

      “Oh.”

    2. niekas 22 January 2007 at 1:57 pm Permalink

      Heh, lame admin ;)

    3. J. Lion 7 March 2008 at 4:22 pm Permalink

      Crime doesn’t pay…. worst it cost him his Savings!!!

    4. atrimalous 7 March 2008 at 6:44 pm Permalink

      Lmafo…

      Lame dumba$$…

      Gotta love morons.
      “Hey look at me, I made a pethically useless bomb, lets blow it up for no real reason!”…tsch.

      lol.

    5. Navin 5 June 2008 at 12:39 pm Permalink

      Haha, I love reading old posts…. they give me such a laugh

      Roger, i think U’re better off with the name Homer simpson!!