Tag Archives: Fannie Mae

The Hazards of Recommending

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Think twice before you agree to recommend someone on LinkedIn. They may be a logic bomber.

You may have already read about the fired Fannie Mae sysadmin who allegedly placed a virus in the mortgage giant’s software. The virus was a bad one: it

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.

Luckily the virus was found and removed. But what has yet to be removed is the suspect’s LinkedIn page which shows that since he was fired he has been working at Bank of America, something I’ve not seen mentioned in news covering the alleged incident.

(Apparently this piece mentions this fact but the information has since been removed. This raises other interesting points: What way is there for a company to police claims by people on networks like LinkedIn that they indeed worked at that company? Why was this information removed from the story or comments?)

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What must also be a bit awkward is that the suspect, Rajendrasinh Makwana, has a recommendation on his LinkedIn profile from a project manager at AT&T, who says that

he was much more knowledgable at the subject matter than I was. He demonstrated leadership at times of crisis. He helped me learn the ropes. I would love to work with Raj again.

The recommendation is a mutual one; the person in question gets a recommendation from Makwana as well. But what adds to the awkwardness is that the recommendation was posted on October 25, 2008, which was, according to an affidavit filed by FBI Special Agent Jessica Nye, the day after Makwana’s last day of work—which was when he allegedly planted the virus:

“On October 24, 2008, at 2:53 pm, a successful SSH (secure shell) login from IP address 172.17.38.29, with user ID s9urbm, assigned to Makwana, gained root access to dsysadmin01, the development server. … IP address 172.17.38.29 was last assigned to the computer named rs12h-Lap22, which was [a Fannie Mae] laptop assigned to Makwana. … The laptop and Unix workstation where Makwana was able to gain root access and create the malicious script were located in his cubicle.”

Ouch. If the FBI is right, the suspect was buffing his CV, seeking recommendations from former colleagues right after planting a script that could have deleted all of Fannie Mae’s data.

Lesson: Think hard before you recommend someone on LinkedIn. How well do you know this person?

The Financial Crisis in Charts

Thought I’d offer a brief history of the financial crisis as seen through Google Insights, which measures the popularity of a search term over time.

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Interest in the word subprime spiked a couple of times in 2007 (above) before we figured out it was all about toxic debts (below):

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and credit crunches:

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Then we realised suddenly we had to learn a bit more about Freddie Mac and Fannie Mae:

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and even basic terms like liquidity:

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Useful information. And it wasn’t just an economics lesson. We had to gen up on countries that we had recently given little attention to, like Iceland:

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Although it’s worth keeping it all in perspective. Search for the word meltdown, a commonly used term to capture the excitement of the past few weeks, and you get this. Clearly rising interest, but that spoke in 2005? It’s linked to Ice Age: The Meltdown, which grossed $70 million at the box office in its debut week:

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The Financial Crisis in Charts

Thought I’d offer a brief history of the financial crisis as seen through Google Insights, which measures the popularity of a search term over time.

image

Interest in the word subprime spiked a couple of times in 2007 (above) before we figured out it was all about toxic debts (below):

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and credit crunches:

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Then we realised suddenly we had to learn a bit more about Freddie Mac and Fannie Mae:

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and even basic terms like liquidity:

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Useful information. And it wasn’t just an economics lesson. We had to gen up on countries that we had recently given little attention to, like Iceland:

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Although it’s worth keeping it all in perspective. Search for the word meltdown, a commonly used term to capture the excitement of the past few weeks, and you get this. Clearly rising interest, but that spike in 2005? It’s linked to Ice Age: The Meltdown, which grossed $70 million at the box office in its debut week:

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Hollywood still trumps global financial disaster, I guess.