Top Ten Signs There's Something Terribly Wrong At McDonald's
10. Your order Filet-o-Fish and the cashier makes the sign of the cross
9. Lowest-priced item on the Dollar Menu is 80 bucks
8. Employees are warming buns in their pants
7. Iraq helped them prepare their 12,000-page nutritional information report
6. Everything is "McXpired"
5. One of your "French fries" is wearing a wedding ring
4. Hans Blix is snooping around the back with a Geiger counter
3. Seconds after you order the McNuggets, you hear frantic squawking from
the kitchen
2. A new hamburger is introduced called "The McWidowmaker with Cheese"
1. Happy Meal toy: cigarettes
http://www.cbs.com/latenight/lateshow/top_ten/
Short Selling for fun and profit.
Welcome to the dawning of the age of the $200 personal computer.
Ex-IT worker charged with sabotage
By Robert Lemos
Staff Writer, CNET News.com
December 18, 2002, 2:54 PM PT
A former system administrator for UBS PaineWebber was arraigned in a New
Jersey federal court Tuesday on charges of sabotaging two-thirds of the
company's computer systems in an attempt to crash its stock price.
A two-count indictment charged 60-year-old Roger Duronio with being behind
the more than $3 million in damage caused when malicious programs placed on
some 1,000 of UBS PaineWebber's nearly 1,500 computers became active on
March 4 and deleted files. The indictment alleges that the Bogota, N.J.,
resident, who had left UBS PaineWebber 10 days before the deletion of the
files, would have profited if the company's stock had fallen as a result of
the attack.
"Cybercrime against financial institutions is a significant issue,"
District Attorney Christopher J. Christie said in a statement. "Although
the damage was contained in this case, the potential for catastrophic
damage in other cases is always there."
Duronio posted a $1 million bond on Tuesday for his release, according to a
representative of the U.S Attorney's Office for the District of New Jersey,
the office prosecuting the case. Duronio's defense attorney, Justin Walder,
could not be immediately reached for comment.
In a seven-page indictment, a federal grand jury charged Duronio with one
count of securities fraud and one count of violating the Computer Fraud and
Abuse Act.
The indictment alleges that in his role as a system administrator for UBS
PaineWebber, Duronio used the company's secure network to plant "logic
bombs"--destructive computer programs that are set to trigger at a specific
time or as the result of a specific action--in nearly 1,000 of the
company's approximately 1,500 networked computers located in 370 branch
offices. The malicious program had instructions to delete all the files
stored on the systems at 9:30 a.m. on every Monday in March, April and May
of 2002.
Duronio had left the company on Feb. 22, 10 days before the first trigger
date. He had allegedly complained repeatedly about his salary and bonuses
from the company. Around the same time, Duronio purchased options to sell
31,800 shares of UBS stock at an average strike price of $42.91. Such
options make money only if the stock price falls below the purchase price
before the options expire. The indictment alleges that the former system
administrator believed that crashing the company's systems would cause its
stock price to plummet before his options expired on March 15.
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The alleged plan in some ways resembles the Emulex fraud incident that
caused that company's stock to fall by more than 50 percent.
Logic bombs have in the past been used by irate employees against their
employers. In February, Timothy Allen Lloyd was sentence to 41 months in
prison for leaving behind malicious programs that deleted critical data
from the servers of high-tech measurement company Omega Engineering.
Prosecutors in the case said the attack cost the company $10 million.
Insider attacks are generally considered the most costly for companies.
The attack allegedly carried out by Duronio failed to have the desired
effect, however. The attack was not made public at the time, and UBS's
stock didn't fall below $45 in March 2002. On Wednesday, the stock stood at
$49.34.
If found guilty, Duronio could serve as much as 20 years in prison and be
subject to fines of more than $1.25 million.
Representatives of UBS PaineWebber could not be reached for comment.
http://news.com.com/2100-1001-978386.html?tag=fd_top
UBS AG is a leading global financial services firm with 71,000 employees
worldwide, providing a wide range of services to a client base that
includes affluent individuals, corporations, institutions and governments.
Headquartered in Switzerland, the bank has significant operations in all of
the world's major financial centers.
http://www.ubspainewebber.com/Home/PWSmain/0,1342,SE78-EN78,00.html
