Slashdot Mirror


Fannie Mae Worker Indicted For Malicious Script

dfdashh writes "A former Fannie Mae contractor has been indicted by a federal grand jury in Baltimore, MD for computer intrusion. He attempted to propagate a malicious script throughout the company's 4,000 servers. The DC Examiner has details of the incident: 'Had this malicious script executed, [Fannie Mae] engineers expect it would have caused millions of dollars of damage and reduced if not shutdown operations at [Fannie Mae] for at least one week. ... The virus was set to execute at 9 a.m. Jan. 31, first disabling Fannie Mae's computer monitoring system and then cutting all access to the company's 4,000 servers, Nye wrote. Anyone trying to log in would receive a message saying "Server Graveyard." From there, the virus would wipe out all Fannie Mae data, replacing it with zeros, Nye wrote. Finally, the virus would shut down the servers.'"

68 of 325 comments (clear)

  1. erase my mortgage by tritonman · · Score: 5, Funny

    the only thing that matters to me... will it erase my mortgage??!??!

    1. Re:erase my mortgage by internerdj · · Score: 3, Interesting

      The more important question for me is if my mortgage gets erased do the records that I'm at least part owner of the property get erased or does the company just get the deed to my home? Well it was mortgaged, but we don't have the records anymore we'll just assume you owe the full purchase value of the property until you can prove otherwise.

    2. Re:erase my mortgage by jeff4747 · · Score: 5, Informative

      There would be records proving you own the home.

      When you take out a mortgage, the deed is still in your name. That's one of the main reasons foreclosure is actually kind of a pain in the ass for banks. They have to get the house transferred to their ownership before they can sell it.

      The deed is on paper in a filing cabinet in some county office (It's also stored electronically by the county). You should also have received a copy of it when you signed the flurry of paperwork when you bought the house.

    3. Re:erase my mortgage by tritonman · · Score: 5, Funny

      even if that were true... erase my mortgage, take my house, I go buy one the same size for half the price now!

    4. Re:erase my mortgage by Hal_Porter · · Score: 2, Interesting

      So if someone say nuked the Fannie Mae servers then millions of people would get free homes?

      --
      echo -e 'global _start\n _start:\n mov eax, 2\n int 80h\n jmp _start' > a.asm; nasm a.asm -f elf; ld a.o -o a;
    5. Re:erase my mortgage by Anonymous Coward · · Score: 2, Funny

      Foreclosed upon with extreme prejudice.

    6. Re:erase my mortgage by cayenne8 · · Score: 2, Insightful
      Hmm....got me to thinking.

      Considering Fannie and Freddie's part in the mortguage/financial meltdown currently in session. Maybe wiping it out for a spell wouldn't necessarily be a bad thing?

      --
      Light travels faster than sound. This is why some people appear bright until you hear them speak.........
    7. Re:erase my mortgage by elrous0 · · Score: 4, Funny

      You know, we slashdotters, as natural problem-solvers, should get together and work on a program to do that. It's a pretty pie-in-the-sky idea, though. Hey, that gives me an idea. We should call it "Pie-in-the-Sky."

      No, sounds too hokey. Need something more computer-sounding. How about "Skynet"?

      --
      SJW: Someone who has run out of real oppression, and has to fake it.
    8. Re:erase my mortgage by nwf · · Score: 2, Insightful

      Considering Fannie and Freddie's part in the mortguage/financial meltdown currently in session. Maybe wiping it out for a spell wouldn't necessarily be a bad thing?

      Light travels faster than sound. This is why some people appear bright until you hear them speak.........

      Truing to prove your sig? :-)

      Many lenders only offer mortgages because they know there is an organization like Fannie Mae who will or at least could buy their mortgages. That would pretty much end mortgage lending in the US, or at least make it much, much more expensive. The democrats would never let this happen, since it would disproportionately affect their voting base.

      --
      I don't know, but it works for me.
    9. Re:erase my mortgage by julian67 · · Score: 2, Interesting

      "Presumably, since you are actually here to post about it, you didn't go to Cambodia while Pol Pot was in power. I assure you, disappointment would be the least of your worries in Cambodia in the 70's." I went to Cambodia several times in the last decade. Quite obviously there was not a whole lot of tourism in the kingdom in the last quarter of the 20th century. I think everyone knows this even without you announcing it on /. I'm not sure why two people mentioning some songs and making a silly comment brings two such pedantic, pompous and condescending replies. I don't know what your problem is, or why you think you ought to give me a lecture (about a country I visited many times...did you?) or what kind of asshole mods up your pedantic and stupid remarks. To summarize: piss off.

    10. Re:erase my mortgage by hairyfeet · · Score: 2, Funny

      Yeah, you think that is funny, but there is no telling how many guys are out there right now trying to cook up the Warhol Worm just so they can say they "shut down the earth". Can you imagine if they figure out a way to get it to wipe out the databases while they are at it? While it would be a good money day for us tech guys can you imagine how long it would take to restore all those backup tapes? And they would have to probably pay us time and a half too......What the hell are you guys waiting for? Write the damned worm already! Don't you want to create jobs and help the economy?

      --
      ACs don't waste your time replying, your posts are never seen by me.
    11. Re:erase my mortgage by Ironica · · Score: 2, Insightful

      You know what would happen if mortgage lending ended? Houses would lower in price to a level affordable without 30 year financing.

      No, actually, it wouldn't...

      What would happen is that the real estate market would pretty much freeze. You could buy a house if you had one to sell; otherwise, you'd rent. If you inherited a house from someone else, you might sell it (to someone who could pay for it out-of-pocket), and then buy another... but the ability to buy and sell houses would be limited to those who already owned one to sell for the money, and/or had cash in hand.

      Granted, this would dramatically lower prices, but not to the point where people who can currently afford to buy with a multi-decade mortgage would be able to buy one without it. Land prices are pretty stable over time.

      Of course, if the mortgage industry disappeared, it would only be a little while before someone would come up with a new way of having it... like rent-to-own, for example. If mortgages didn't exist, someone would have to invent them.

      --
      Don't you wish your girlfriend was a geek like me?
  2. The First Rule of Fight Club by rhathar · · Score: 5, Funny

    We've gotta wipe the system, man. Give everyone a blank slate!

    --
    http://www.chaotickingdoms.com
  3. but would it have had graphics? by jollyreaper · · Score: 5, Funny

    Either a laughing skull and bones or an animated version of him as a bobblehead that pisses off Samuel L. Jackson with his hacker crap?

    --
    Kwisatz Haderach
    Sell the spice to CHOAM
    This Mahdi took Shaddam's Throne
    1. Re:but would it have had graphics? by PeeAitchPee · · Score: 3, Funny

      I was thinking more like an avatar of him as a bespectacled fat dude wagging his finger and going, "Nah ah ah! You didn't say the magic word! Nah ah ah!"

  4. Disappointing... by erroneus · · Score: 2, Interesting

    The "Fight Club" guy in me would like to have seen that particular bomb go off. I know the damage would not have been , permanent, perfect or complete (That's what backups are for... right?) but still. Taking those financial giants down a peg might have tickled me. (It damn sure wouldn't have taught anyone any moral lessons or anything.

    1. Re:Disappointing... by Slumdog · · Score: 2, Informative

      I know the damage would not have been , permanent, perfect or complete (That's what backups are for... right?)

      Big companies only report successes. They report failures if its too big to hide.

    2. Re:Disappointing... by Chyeld · · Score: 3, Insightful

      I'm guessing you don't really understand what Fannie Mae does if you think the folk taken down a peg would be the banks.

      Fannie Mae purchased mortgages from banks to ensure the banks always had money on hand to make loans. They sold these mortgages as securities, guarantying the purchaser the money (paying it themselves if the mortgagee defaults).

      Them loosing their records would simply mean that suddenly the banks would run out of 'liquid assets' to make loans with. Who do you think that would hurt: The average joe or the banks?

      Let me give you a clue, it wouldn't be the banks. They'd just hold onto the mortgages they have and start foreclosing aggressively to come up with the assets they need.

    3. Re:Disappointing... by anagama · · Score: 5, Interesting

      Them loosing their records would simply mean that suddenly the banks would run out of 'liquid assets' to make loans with. Who do you think that would hurt: The average joe or the banks?

      It seems to me that banks making loans over the last four years IS THE major problem. Had they not been able to, we wouldn't have had a baseless boom, Angelo Mozillo, a gazillion dollar bailout of the wealthiest individuals, and schemes to assist the most foolish "housing investors" -- all at my expense. I too am rather disappointed the script was found and I don't even have a mortgage. I refused to get caught up in the housing bubble choosing instead to wait for a return to normalcy, which turned out to be a mistake. What I should have done is bought a house way more expensive than I could afford on a negative amortization loan and let the government modify my interest rate and principal balance. I now realize that in America, prudence is punished and stupidity rewarded. So yeah, I'm actually very depressed the script didn't execute.

      --
      What changed under Obama? Nothing Good
    4. Re:Disappointing... by Chyeld · · Score: 4, Insightful

      Fannie Mae was not the problem there, they only purchased "conforming" mortgages which matched their definition of a 'non-risky' loan.

      The problem was from the fact that the banks started moving from relying on Fannie Mae and started making "non-conforming" mortgages and selling them to other privately held companies. Once these mortgages started defaulting and housing prices started falling, even the "conforming" mortgages started having problems and the house of cards fell.

      Fannie Mae is a good scapegoat for people who want to pin this whole situation on one group, but that's all they really are, a scapegoat. They had their own problems (notably shady dealing in the upper echelons) but they weren't the ones who cause or even setup this scenario.

    5. Re:Disappointing... by anagama · · Score: 5, Interesting

      So if Fannie Mae had NOT been able to buy the conforming loans, banks making stupid loans would have had less money available to them because they'd have to hold the conforming loans, and as a result, those banks would have made fewer stupid loans. Sounds to me like FM was part of the problem. Honestly, I'm pissed. I'd like to see the entire banking industry lined up against the wall, because all it has amounted to recently is a Federally sanctioned highway robbery program targeted against people who live within their means and act responsibly.

      --
      What changed under Obama? Nothing Good
    6. Re:Disappointing... by UnknowingFool · · Score: 3, Informative

      Totally agree. Fannie was stuck with the bad loans that other institutions made. For years banks and credit unions had to be conservative when lending because had to absorb any bad loans they made. What caused the housing mess was that mortgages and loans became speculative instruments that could be sold and bought like stocks. It suddenly didn't matter as much to a bank if the person getting a mortgage could not pay it off. The bank would have made their money by selling off the mortgage long before that happened. The institution that bought the loan would have sold it off too before that happened. Eventually someone would have to take the loss when the house was foreclosed. Unfortunately that institution was Fannie Mae as it was designed to guarantee mortgages.

      --
      Well, there's spam egg sausage and spam, that's not got much spam in it.
    7. Re:Disappointing... by Archangel+Michael · · Score: 4, Insightful

      Stupid SHOULD hurt. The government and the liberals don't realize this. And yes, I said Liberals ... not Democrats. There were plenty of LIBERAL (see compassionate conservatives) in the Republican Party too.

      And by "Stupid" I don't mean lack of intelligence (IQ), I mean DARWIN Award winners types. These are the people who have a brain, should know better, but don't F'in care about what they are doing and expect everyone else to clean up their mess.

      Sorry, but STUPID SHOULD HURT! Like when you stick your hand on the stove hurt. Like when you make stupid loans and bundle them into derivatives to leverage the stupidity and then re-bundle those into even more stupid derivatives. IT all works, until it doesn't, then everyone pays for the Ponzi Schemes.

      Which is why the stupid Bailouts to the same people that caused this mess is just stupidity on top of stupidity. We are now leveraging STUPID to try to stop the "HURT".

      And nobody is willing to tell it like it is. STUPID!

      --
      Agent K: A *person* is smart. People are dumb, stupid, panicky animals, and you know it.
    8. Re:Disappointing... by tnk1 · · Score: 3, Interesting

      Don't go absolving Fannie Mae, their management was just as evil as anyone else's. Let's not forget their little, "oops we need to restate our income by a few billion dollars" fiasco. There were plenty of people in the FNMA Market Room who were playing fast and loose with mortgage backed securities.

    9. Re:Disappointing... by Chyeld · · Score: 3, Interesting

      Jesus FUCKING Christ on a stick.

      Would you honestly rather your kids live through another Great Depression (with the knowledge that neither of the "Great"s were solved by anything other wars so massive that they slaughtered good percents of the working base, thus removing the issue of unemployment) or with a devalued dollar and stable nation?

      STUPID is cutting your nose off just to spite your face, which is exactly the plan of action you are pushing for.

      STUPID is letting the whole thing go down the tubes and fucking everyone over just to hold on to your sense of pride over the fact that a few scam artists might get away with their scam. Not, mind you, have any of them actually made it to the clear yet.

      STUPID is waving the banner for your children while setting them up for a life of misery.

      And frankly, as STUPID as I consider your plan of action, since my life is also impacted by your STUPID, I'm not interested in hearing anymore. Take a tranquilizer or something for your stiff neck and let it go.

  5. But did it.... by Phoenixhawk · · Score: 5, Funny

    Look like he was flying through a cyberspace version of his city while he was doing it???

  6. My goodness! It might have... by Petersko · · Score: 5, Funny

    ...turned Fannie Mae into a financial failure.

    1. Re:My goodness! It might have... by hey! · · Score: 4, Interesting

      ...turned Fannie Mae into a financial failure

      ... which it never was during the 30 years from 1968 to 2000, roughly when banking deregulation took effect. It may be that such an institution is a bad idea, but you have to consider that financial institutions of all kinds are in desperate condition as well, so you can't use the financial disasters of 2008 as proof that Fannie is any worse an idea than, say, a private investment bank.

      The idea that Fannies failure shows that it ought never have been, applied consistently, would argue for nationalizing banks. I, as one who has been a staunch liberal though the long winter of liberal dispute, think nationalization is a terrible idea. This is not because the government is bad and business is good, but because government and business would be indistinguishable, leaving nobody to watch the foxes in the chicken coop.

      All in all, I think the widespread calamity in the financial sector more probably indicates that the particular kind of banking deregulation practiced in the post Gramm-Leach-Bliley era has at the very least unintended consequences.

      --
      Post may contain irony: discontinue use if experiencing mood swings, nausea or elevated blood pressure.
    2. Re:My goodness! It might have... by overunderunderdone · · Score: 2, Insightful

      I'm sympathetic to the idea that deregulation had a hand in the financial implosion but I'm not sure I understand the logic behind blaming "Gramm-Leach-Bliley" specifically. It seems that, in the early stages of the crisis before it cascaded to impact everyone it was the least diversified investment banks that were remnants of Glass-Stiegall that had, and caused, the most trouble and the most diversified banks that would have been illegal before Gramm were the healthiest and in a few cases because it wasn't illegal (as it would have been without Gramm) were able to ride to the rescue of the more strictly focussed investment banks that were at the financial ground zero. It seems there are probably other decisions having to do with regulating mortgage backed securities, or the degree to which banks could leverage their assets that are more to blame. (Though I can understand the a political logic behind blaming "Gramm" it since Gramm was one of McCain's advisors so it's politically convenient to use "Gramm" as shorthand for deregulation generally even though Gramm's bill itself was probably only a minor contributor to the problem, or perhaps even mitigated some of the damage.)

    3. Re:My goodness! It might have... by khallow · · Score: 2, Insightful

      ... which it never was during the 30 years from 1968 to 2000, roughly when banking deregulation took effect. It may be that such an institution is a bad idea, but you have to consider that financial institutions of all kinds are in desperate condition as well, so you can't use the financial disasters of 2008 as proof that Fannie is any worse an idea than, say, a private investment bank.

      Fannie Mae and Freddie Mac served an unusual role. They were a huge source of poorly understood risk. And their special status with government resulted in their securities instruments being considered more sound than they actually were. They helped start the financial disaster. Frankly, due to their exceptional size, I think the economic problems now would be considerably better in their absence. Other banks would have taken their place and made the same bad decisions. But those private banks wouldn't have the same access to capital.

    4. Re:My goodness! It might have... by hey! · · Score: 2, Interesting

      True, but the wise men of wall street were supposed to have their exalted status because they knew how to grade and price risk better than ordinary mortals. If I were a Citibank investor, and Charlie Prince told me to my face that the reason my stock was in the toilet wast that Franklin Raines pulled a two bit Svengali act on him, I'd spit in Prince's eye.

      And with respect to Fannie and Freddie's "special status with the government", what, exactly is this special status they enjoy? That they are too big to fail? That's hardly confined to Fannie and Freddie. The only thing that is special is that they were started by the government; aside from that they don't have any more clout than any other private institution that controls astronomical sums of money (which admittedly leaves room for that being too much clout).

      In fact Freddie was started for the exact too-many-eggs-in-one-basket concerns you raise. It doesn't matter how many baskets the economy's eggs are in, if the rules create an incentive to place them all in the same precarious position.

      --
      Post may contain irony: discontinue use if experiencing mood swings, nausea or elevated blood pressure.
  7. It's a deal! by cfulmer · · Score: 5, Funny

    Considering that Fannie Mae has been losing billions every week, the idea of only losing a few million for a week sounds like a great idea.

    1. Re:It's a deal! by Opportunist · · Score: 2, Funny

      "Your honor, I didn't want to cause damage, actually, I wanted to help save a little money by only damaging them for a few millions so they cannot blow billions of taxpayer money this week"

      --
      We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
  8. I am .... by Anonymous Coward · · Score: 5, Funny

    I am Jack's complete lack of surprise

  9. Technically by cowscows · · Score: 5, Funny

    Technically, all of the data in a computer is really just a bunch of ones and zeros, so assuming a fairly even mix of those two possibilities, writing over everything with zeros would only change half of their data.

    --

    One time I threw a brick at a duck.

    1. Re:Technically by wren337 · · Score: 4, Funny

      Great defense.
      "In fairness, a lot of those were zeros already."

  10. Interesting Comment in TFA by tristanreid · · Score: 4, Interesting

    Of course it isn't verifiable, but I thought this was interesting:

    H1B#36a: "What wasn't reported was that the contractor was fired for writing a script poorly, that caused the failover over of a number of High-Availablitity production servers. His "landmine/timebomb" script was found through his same poor scripting skills. Whatever doping manager that hired that guy should be fired too, along with his director and VP!"

    -t.

  11. Re:Really? by Opportunist · · Score: 2, Informative

    Not in the financial business.

    Everything needs to be approved, certified and someone has to get a kickback. Only the former two are official, the third is most likely the reason for the first two because I, at least, couldn't find any other sensible explanation, but that's just how it is. To be allowed in some important network, this can be some auditing standard or information exchange, you almost certainly have to use one of the "approved" systems.

    So it's quite likely, actually, that you find a monoculture of servers in financial companies. And guess what kind of monoculture it will be?

    --
    We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
  12. Re:Security is a process by Anonymous Coward · · Score: 2, Insightful

    Bruce Schneier is right; security is a process, not a product. The internal threats are just as great, if not greater, than the external ones.

    And it appears their security process was rather good - they caught and stopped the threat in time.

  13. Re:Really? by Lumpy · · Score: 2, Insightful

    Why?

    Fanne May more than likely uses Server 2003 with MSSQL. and I'm betting all on the same domain with a global user list.

    This would not a hard thing to do. 1 afternoon with VB and I can write the same thing. Hacker 101 stuff.

    Most financial places have REALLY SHITTY IT security.

    --
    Do not look at laser with remaining good eye.
  14. Woah by bFusion · · Score: 5, Funny

    This is like if someone mixed the movies Office Space and Fight Club together!

    1. Re:Woah by maino82 · · Score: 5, Funny

      The first rule of PC Load Letter is you don't talk about PC Load Letter.

  15. Re:Really? by Anonymous Coward · · Score: 5, Informative

    Former FNMA employee here- I left a couple years ago.

    1- The vast majority of their servers run Solaris- this wasn't some sort of cross-platform attack.

    2- They have an infrastructure that allows a single admin server to execute commands on the entire farm simultaneously.

    Suddenly being able to wipe out everything doesn't sound too difficult does it? From what I heard from friends- it was just a couple lines of shell, and it was discovered because there was a typo, and script to failed. Not a virus by any stretch.

    Oh- and of course they have backups, but imagine restoring 2500+ servers from tape... Thats probably where the week of downtime came from, and it sounds accurate to me.

  16. Re:Really? by nedlohs · · Score: 4, Insightful

    Obviously virus is what the idiot who wrote the article is calling it (and possibly a term used in whatever he has been charged with), but since he had root access to all the servers it wouldn't really be a virus. Just a script installed on them, probably run via plain old cron.

    When you terminate a contractor or employee it is wise to also terminate their access to your servers...

    #!/bin/sh
    for i in /dev/[sh]d*
    do
            cat /dev/zero >"$i" &
    done

    is not exactly a great piece of programming (and the above is obviously untested, and since he was a unix admin he would actually know what the drive device names are in the presence of wierdo RAID setups...)

  17. Re:So what they're saying... by dfdashh · · Score: 2, Informative

    Fannie Mae most certainly does have backups. Having a backup and the time to recover said backup, though, are two very different things.

    --
    df -h /my/head
  18. Re:"Rajendrasinh Babubhai Makwan"? by Phoenixhawk · · Score: 2, Funny

    Yeah, but his friends call him "Raj".

    My gods man, have you never placed a call to tech support, his name is (Tom, Mike, George, or Larry)

  19. Re:IP by bsane · · Score: 2, Interesting

    They don't need to, I'm sure that:

    1- he was fired that day
    2- the edits came from his account
    3- the login came from his workstation

    Thats more than enough evidence to convict, unless he can prove otherwise. Don't think you need to be caught red-handed with photographic proof to be sent to prison. Circumstantial evidence is more than enough unless you have a good defense.

  20. Well, no, you still won't own your house by sirwired · · Score: 4, Informative

    When the deed was recorded at the local records office, the fact that the bank has a lien on it is recorded along with it. The only way to clear that lien is to get the lienholder to have a letter saying so attached to your deed, or you have to have a court do it.

    SirWired

    1. Re:Well, no, you still won't own your house by NiteShaed · · Score: 2, Insightful

      Don't you think the forgery would come to light when the bank started a foreclosure on you for not paying your mortgage?
      It's not like they'd just say, "Huh, coulda sworn this guy owed us money, must've been mistaken," and walk away...

      --
      Some bring out the best in others, some the worst. Some bring out far more.
    2. Re:Well, no, you still won't own your house by CrazedWalrus · · Score: 4, Interesting
  21. Why oh why by geekoid · · Score: 3, Funny

    couldn't somebody at the credit company do this...and not get caught?

    --
    The Kruger Dunning explains most post on /. http://en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect
  22. Zero vs. Less Than Zero by srussia · · Score: 5, Funny

    From there, the virus would wipe out all Fannie Mae data, replacing it with zeros

    Wouldn't zero be an improvement over negative whatever?

    --
    Set your phasers on "funky"!
  23. I see how he did it... by rickb928 · · Score: 2, Insightful

    They fired him. And let him have some access before he left.

    Not a good idea. Sadly, you have to be aware of the threat. If you're firing someone with admin access, you should meet with them in a room without a workstation, explain the situation, and send them back to their desk to clean it out - with a monitor to ensure their workstation stays turned off.

    While you're having the meeting, someone shuts down their workstation, disables network access, and - if not concurrently - immediately revokes their privileges. You do not finish the meeting until you receive confirmation that they no longer have access. Usually you have to let them be interviewed before you can kill their access, since some people get suspicious when they can't sign on. Forbid that the Help Desk will assist them in resetting their password. You gotta kill their privileges. The ideal scenario is letting them sign on but have no access to anything. After they are gone, then you can reset the password. Some systems need the access left in place to do forensics or establish their replacement (a sign of inadequate documentation) and thus you have to resort to the password trick.

    If in doubt, I've cut their network cable right off, or even superglued blank plugs in their office jacks while I go back over their privileges. I can replace the jacks easily.

    An unfortunate oversight. Some places have this 'exit interview' with security present. Some, Like Fannie Mae back then, don't think it through.

    Can't be too careful.

    Here, I work in a fairly secure environment. In spite of that, some of my IDs got associated with another employee with the (mostly) same name, go figure. He left at the end of the year. I've been getting access established to many systems as our security group has dutifully deleted my access as his. Too damned efficient.

    --
    deleting the extra space after periods so i can stay relevant, yeah.
    1. Re:I see how he did it... by Bootsy+Collins · · Score: 2, Insightful

      I was just coming here to post something similar to this

      Over the years, there have been numerous "ASK SLASHDOT" and otherwise categorized posts here on the subject of discharge procedures. "I got laid off, and they made me pack up my stuff in front of someone who watched me and then escorted me out of the building. It was humiliating." That kind of thing.

      Well, this event illustrates why some places decide to do it that way. FNMA didn't do it that way with this guy, and he took advantage of the time between firing and removal of access.

    2. Re:I see how he did it... by couchslug · · Score: 3, Interesting

      Of course, the way around this would be a "deadman switch" that required input NOT to trash the system.

      --
      "This post is an artistic work of fiction and falsehood. Only a fool would take anything posted here as fact."
  24. Re:Security is a process by Bert64 · · Score: 2, Insightful

    Because of a bug in the script which made it error...

    --
    http://spamdecoy.net - free throwaway anonymous email - avoid spam!
  25. Re:IP by Chaos+Incarnate · · Score: 2, Insightful

    Depends on the jury you get.

    --
    Benford's Corollary to Clarke's Law: "Any technology distinguishable from magic is insufficiently advanced."
  26. Re:Technically yerself, yerself by guyminuslife · · Score: 2, Interesting

    Wrong on all 3.

    a) "Bunch" is singular. That is one bunch of bananas.
    b) I shouldn't have to explain this, but in said bunch, there are ones, and there are zeros. A single bit is a one or a zero; multiple bits, each of which is either a one or a zero, provide a set of that contains both ones and zeros. (Assuming that there is at least 1 one and 1 zero in a given set. If the set were all ones or all zeros, then it would indeed be correct to call it a set of "ones or zeros.")
    c) Spellcheck should provide the insight on this one.

    --
    I don't believe in time. It's a grand conspiracy designed to sell watches.
  27. Re:Security is a process by powerlord · · Score: 3, Funny

    Because of a bug in the script which made it error...

    Which is obviously part of their overall security policy, to only hire incompetent programmers.

    --
    This space for rent. All reasonable inquiries will be entertained at proprietors discretion.
  28. The Formal Criminal Complaint by Octorian · · Score: 5, Informative

    While reading through the article, and some of the talkback, I stumbled across this document which contains results of the actual investigation. It has lots of actual details, and is worth a read. (meanwhile, the news articles are a little too dumbed-down to be of any real value or interest).

  29. Hence the need for a well-armed civil society. by Behrooz · · Score: 3, Insightful

    Very true. It amazes me that middle class anarchists believe that if the current society is obliterated it will be a net gain for them because a more equitable society will replace it. Historically you're much more likely to end up with a some sort of Pol Pot style nightmare.

    Even as a hardcore liberal, that's my main argument in favor of gun ownership, a well-armed populace, with personal liberty and responsibility as our most essential civic virtues. Where guns are prohibited, the only people with guns are criminals... and the government. In Cambodia, the Khmer took the guns first, and then massacred 40% of their population.

    I just wish other people looked at history and saw the same cautionary tales. The concept that democratic societies are somehow automagically inoculated against totalitarianism strikes me as hopelessly naive. For example, I'm really creeped out at the growing state-sponsored helplessness of our our brothers and sisters in the UK.

    Just more proof that the motheaten left/right paradigm that talking heads are always blathering about hasn't been relevant since the French Revolution. We're all in this together as a society, and if you can't trust your law-abiding neighbors with guns, you need to get to know them better.

    --
    "We have to go forth and crush every world view that doesn't believe in tolerance and free speech." - David Brin
    1. Re:Hence the need for a well-armed civil society. by Fjandr · · Score: 2, Insightful

      Sadly I used my last mod points about 5 minutes ago on another story.

      Liberal or conservative, I don't tend to lose respect for people on legitimate intellectual differences, but gun control is one of those that has so much historical backing that it should be self-evident. It is not an intellectual difference of opinion, it is the difference between ignorance and being informed and able to think critically about history. There are cons to having open access to firearms in a society, but those cons cannot ever be worse than the worst-case scenarios that have happened time and again without access to them (or when law-abiding citizens give them up voluntarily).

      The concept that democratic societies are somehow automagically inoculated against totalitarianism strikes me as hopelessly naive.

      We're all in this together as a society, and if you can't trust your law-abiding neighbors with guns, you need to get to know them better.

      Truer words have rarely been printed, but sadly there are millions of people who are that hopelessly naive and historically ignorant.

    2. Re:Hence the need for a well-armed civil society. by Ironica · · Score: 4, Insightful

      In Cambodia, the Khmer took the guns first, and then massacred 40% of their population.

      Took the guns... from whom? And how? Did an elected body pass gun control legislation with the support of the populace, and then turn around and engage in wholesale massacre? Somehow I missed that part of the story.

      What's to keep the government from "taking the guns" from a well-armed populace? The same populace? What if the government has bigger guns? They always will, because they have bigger budgets. Your well-armed populace better have fixed anti-aircraft emplacements if someone ever really launches a successful attempt at a military dictatorship in the US.

      So, a well-armed populace cannot prevent the scenario you describe. Which leaves the question, just what *can* it accomplish? There will always be people within the population who are not armed, whether they are unwilling or unable to become so. Should they have their liberty and health threatened by the "well-armed populace?"

      Is there a role for police in your world? Wouldn't any police force that could effectively protect the rights of individuals necessarily require the ability to exert superior force?

      --
      Don't you wish your girlfriend was a geek like me?
    3. Re:Hence the need for a well-armed civil society. by PeeAitchPee · · Score: 2, Insightful

      So, a well-armed populace cannot prevent the scenario you describe.

      Absolutely, 100% WRONG. See Iraq, where a group of well-armed citizens armed with only small arms and improvised explosives made life absolutely for the most powerful military on the planet. This is after repeated calls for the Iraqis to turn in their guns, snitch on their neighbors for reward, etc.

      BTW, legal gun owners AREN'T the ones "threatening the liberty and health" of those without guns -- that's what violent criminals do who simply ignore any law you pass about using guns, knives, or clubs to rob, rape, or kill someone else. From Wikipedia: "Permit holders are a remarkably law-abiding subclass of the population. Florida, which has issued over 1,408,907 permits in twenty one years, has revoked only 166 for a "crime after licensure involving a firearm," and fewer than 4,500 permits for any reason." Quit restating the myth that legal gun owners pose any substantial threat to those who choose to be without guns -- there's absolutely nothing which backs up that statement, anywhere.

  30. Re:Really? by Anonymous Coward · · Score: 2, Interesting

    I heard of a dead man switch script that an admin left that triggered when he was terminated (and not *touching* a seemingly innocuous file every week).

    He was much more effective: he modified the backup script so it would encrypt all its data. The file sizes where correct, names correct, at a glance all looked right, but all files contained encrypted data.

    The company only kept 6 months of backups. After six months, the script wiped the servers. The company couldn't recover anything.

    They couldn't pin point it on anyone: they had fired a bunch of admins at the same time.

    That is one mean, mean trick.

  31. overblown by ILuvRamen · · Score: 2, Funny

    If you really think about, their idiotic top level management were still able to do more damage to the company than this virus would have. Now that's amazing!

    --
    Google's Super Secret Search Algorithm: SELECT @search_results FROM internet WHERE @search_results = 'good'
  32. Simplest of all possible exploits by mcoon · · Score: 2, Interesting

    From reading the actual court complaint, it seems the hacker put his malicious script at the bottom of a valid script which ran at well determined times. If that work place is anything like the work places I've haunted, then that script was probably kept in CVS. No doubt the boss in question was looking at the script because he wondered what the just fired employee would have put in the script.

  33. Many parties to blame in this mess. by orlanz · · Score: 2, Insightful

    Not being able to buy conforming loans is not an option for Fannie Mae or Freddie Mac. The bank goes, "Here is a consolidated loan that meets the specs. Give me money." They have a little control over why types of loans and the ratio mix they currently accept, but much of the control over what is rejected is based on the conformity.

    I remember that FM in the beginning stated that due to the newly realized risk (which the banks actually restated), they would have to cut down on the number of subprime and similar loans accepted by them to reduce the over all reassessed risk of its assets. But then the government stepped in and said no, as that would adversely effect the current messed up market. A kind of "Keep doing the wrong thing, maybe it will blow over."

    There are many parties involved here well beyond FM. The largest blame goes to banks and the real estate industry which in some cases, fudged the load parameters to pass the conformity as they knew NO one else would buy that crappy $500k loan to the guy who made $30k a year. The bank always took the blunt of the liability (due to the load structure w/ FM), but they got greedy thinking the house comes with the liability, and if the house appreciates, they come out way on top. The house estimates weren't realistic as they were based on the past few years of performance and not actual market conditions (key factor: rate of increase in people's salaries). The agents enticed the home owners and sellers to buy or sell on this false home evaluation.

    China and US are also to blame as the former kept buying the securities backed by the US. China owns the majority of US debt through the securities. Normally what would have happened is that a buyer of a loan will eventually go "You got enough debt, I don't think you can afford anymore." or "I hold enough of your debt, and cash, you got to give me a far better return." Instead, China just kept regulating their currency, keeping the dollar well over valued and kept buying securities. On the flip side, the seller of the loan, not being able to make payments would have either stopped asking for crack money (reduce riskly loans) or default on many of the loans. But instead we stole money from those who still had it, to keep the lender happy and STILL asked for a shit load of loans (FM tax bailout by government via infusion of cash).

    Home owners and home builders are to blame. People don't like this idea but the majority of the owners who can't pay fall into two groups: those who were stupid, and those who saw it as a great short term investment. Both of these should have done more homework. The later deserve losing their assets and the bankruptcy. And stupidity doesn't mean you get a bailout. Instead of letting these folks fall into bankruptcy (remember, this is a viable option in the US), we want to protect them and keep them in their homes. What people don't realize is that bankruptcy gives you a clean slate, quickly resets assets to their correct values, and teaches a valuable lesson. But instead we would rather protect them from a lesson learned, keep the home price overinflated (the perpetuating cause of this mess) and require overinflated loans to continue the mess. So basically we let the idiots keep the homes, new owners (includes honest, responsible ppl) out in the cold (plus we take their money through taxes), and reward poor decisions (some of them being mistakes is irrelevant). Our HOPE is that dollar inflation (bailouts, government overspending not compensated via taxes, overvalued assets, and China floating their currency) will devalue the homes and increase salaries (not actual value) enough to make us whole again. The retarded home builders didn't think, "There are 10 skyscrapers being built in Atlanta, will there be a market for a 11th?" or "I am building 500 overpriced $500k homes here, are there that many buyers in this area?" Their business cycles are in terms of 3-5 years, yet they based their estimates AT most on the last 6?!!! If they looked further back, ins