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software exec found dead after hack

The owner of LxLabs, the India-based software firm who develop vitualization application HyperVM, was found hanged in his bangalore home.

Thirty-two-year-old K T Ligesh was found hanged on Monday, the morning after a late night drinking session.

Reports state that Ligesh was distraught over the loss of a recent contract as well as dealing with the suicides of his sister and mother in 2004.

This suspected suicide follows the recent exploitation of a critical vulnerability found in LxLabs's HyperVM, which led to hackers destroying 100,000 websites-about half of the sites hosted by UK web hosting provider Vaserv.

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