The need for employee background checks

If you don't conduct background checks on new IT hires, you might want to change that--given the lessons learned by one enterprise that failed to do its due diligence on a newly hired IT systems admin. UBS PaineWebber learned the hard way what damage a tech expert can do if they're aiming to sabotage a company. The employee, angered over what he considered too small of a bonus, set off a logic bomb that crashed 2,000 servers and brought a halt to trading by the company's 17,000 brokers. It seems that even a quick review of the employee's background likely would have thwarted his hiring and saved the company a lot of money and grief.

For more on the need for background checks:
- read the article at InformationWeek