Disgruntled Fannie Mae Employee Allegedly Creates Computer Time Bomb

Kara Reeder

Rajendrasinh Makwana, a former Fannie Mae computer-engineering employee, is accused of creating a malware computer time bomb that could have destroyed millions of files, reports Network World.


Makwana has been indicted on computer intrusion charges in the U.S. District Court for Maryland. According to the indictment, he prepared a virus that would "cause damage to Fannie Mae's computer network by entering malicious code that was intended to execute on January 31, 2009." Malwana is said to be out on $100,000 bail.


News of the indictment comes just as McAfee has released a study that says IT managers are concerned by the security threats that recently laid-off employees present.

More from Our Network

Add Comment      Leave a comment on this blog post

Post a comment





(Maximum characters: 1200). You have 1200 characters left.



Subscribe to our Newsletters

Sign up now and get the best business technology insights direct to your inbox.


Resource centers

Business Intelligence

Business performance information for strategic and operational decision-making


SOA uses interoperable services grouped around business processes to ease data integration

Data Warehousing

Data warehousing helps companies make sense of their operational data