NJ Man Admits Planting Computer ‘Bomb’
Newark, N.J., Acomputer administrator at one of the nation’s largest prescription drug management companies admitted Wednesday he planted an electronic “bomb” in the company’s computer system, according to the Associated Press.
If the so-called “logic bomb” had gone off at Medco Health Solutions Inc., it would have wiped out critical patient information, authorities said.
Yung-Hsun Lin, 51, of Montville, N.J. pleaded guilty to one count of transmitting computer code with the intent of causing damage in excess of $5,000. The crime carries a maximum penalty of 10 years in prison and a $250,000 fine.
Authorities said Lin was angry at the possibility of losing his job at Medco’s office in Fair Lawn after the company was spun off from Merck & Co. in 2003.
Cabela’s Senior VP Resigns
Sidney, Neb., Cabela’s Inc. said Monday Lynn P. Ferguson will resign as senior VP of retail strategy and real estate development. Ferguson is resigning due to personal reasons, the company said. Until a replacement is found, Dennis Highby will assume Ferguson’s responsibilities.
Another Marketing Exec Out at Macy’s
New York City, Brad Jakeman, executive VP of marketing for Macy’s Inc., has left the company. Jakeman, who had been with the company for less than one year, is the second Macy’s marketing executive to leave Macy’s within the past four months. Anne MacDonald, former chief marketing officer of the company, left in June.