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Hackers Beware

Hackers Beware

Gucci Hacker Gets Prison Time

Hackers having fun, unlike Sam Yin.

Manhattan’s district attorney has slapped Gucci hacker Sam Chihlung Yin with up to six years in state prison for hacking the corporate network of Gucci American, Inc. In a press release from the office of Cyrus R. Vance, Jr., the D.A. noted that Mr. Yin pleaded guilty in mid-July to one felony count of computer tampering in the first degree and 10 felony counts of “criminal possession of computer related material.”

Mr. Vance’s announcement regarding Mr. Yin’s sentence included a quote from the D.A. that could be read as a none-too-veiled warning to anyone else tempted to follow the former Gucci network engineer’s example: Read More

Hackers Beware

Hacker Poll Finds Stock Options Are a Risky Bet

There is an informal poll running on Paul Graham’s Hacker News right now asking startup workers about their experience with stock options.

“Just want to see how much people earn actual cash from their employee stock options. If you joined a startup as an employee and had some stock options, how much did you earn during exit or IPO?”

The most common response by far: None – my stock option vanished and don’t own any Read More