In late February 2002, after quitting UBS PaineWebber in a huff over his bonus, Duronio put the finishing touches on a "logic bomb." He planted the computer virus and scheduled it to detonate within the UBS network on March 4, 2002.

When the time bomb went off, it brought down 2,000 of the company's servers and left 17,000 brokers across the country unable to do trades. UBS spent $3.1 million to assess the damages and restore the computer systems. The company has not reported how much was lost in business downtime.

Duronio was recently found guilty of computer sabotage and securities fraud - convictions that can be added to his lengthy criminal record.

Though UBS did not conduct a pre-employment background check on Duronio, an investigation after he was charged in the attack on UBS revealed past drug-related charges and an incarceration for aggravated assault and burglary. A pre-sentencing report from the U.S. District Court's Probation Office lists charges against Duronio from the 1960s, 1970s, 1980s and 1990s.

Let InfoMart help you Get the Whole Story on your employees. For more information on InfoMart's full suite of background screening services, please contact 770-984-2727 option 4 or sales@infomart-usa.com.

(Source: http://www.law.com)