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IT admin plotted to erase Fannie Mae Data

"A fired computer engineer for Fannie Mae has been arrested and
charged with planting a malicious software script designed to
permanently destroy millions of dollars worth of data from all 4,000
servers operated by the mortgage giant.

Rajendrasinh Babubahai Makwana, 35, of Virginia, concealed the Unix
script on Fannie Mae's main administrative server on October 24, the
same day the Unix engineer was terminated, according to court documents
made public Tuesday. His script was programmed to remain dormant for
three months, when it would greet administrators with a login message
that read "Server Graveyard" and systematically replace all data with
zeros on every production, administrative, and backup server in the
company."

Read more: http://www.theregister.co.uk/2009/01/29/fannie_mae_sabotage_averted/