Ever heard of news that a disgruntled ex employee (mainly programmers) of a certain company, caused their core application to break down or do crazy malicious stuff? If the answer is yes, well that is a work of a logic bomb. The logic bomb is a section of computer code that lays hidden in the vendors application and activated normally by time or an event to do something bad like format data.
“ A logic bomb, also called slag code because all that’s left after it detonates is computer slag, is not the same thing as a virus, although it often behaves in a similar manner. It is a piece of computer code that executes a malicious task, such as clearing a hard drive or deleting specific files, when it is triggered by a specific event. It’s secretly inserted into the code of a computer’s existing software, where it lies dormant until that event occurs.” Source: Howstuffworks.com
I was at HowStuffworks.com and found this article about a UBS ex employee who was pissed with his employer and decided to place a logic bomb in to UBS’s accounting software programs. What happened was he decided to purchase put options as he was banking that the stocks for UBS will dip when the malicious code is ran. But to his surprise, the stocks didn’t dip and he was catch and now needs to face punishment. So the morale of the story? Don’t things that is not right,?Ǭ† like what my mum always says.
“December 15, 2006
This week, an ex-employee of the financial company UBS PaineWebber was sentenced to eight years in prison and more than $3 million in restitution for planting a logic bomb in UBS’s computer network in 2002.”
Source: Howstuffworks.com
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