RealNews

Disgruntled UBS IT worker accused of unleashing ‘logic bomb’

A US court has heard how a former IT worker for UBS allegedly unleashed a ‘logic bomb’ computer virus on the bank’s network because he was unhappy with his bonus payment. But not only has Roger Duronio, 60, of New Jersey been charged with using the logic bomb to cause more than $3 million in damage to the computer network at UBS’s stockbroking unit Paine Webber, he has also been charged with securities fraud for his failed plan to drive down the company’s stock with activation of the logic bomb. Full Story

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