UK man charged with hacking US Federal Reserve

The defendant is accused of stealing personal information of employees and publishing it on a website

A British man faces new charges in the U.S. for allegedly hacking into the U.S. Federal Reserve Bank's servers and stealing names, email addresses and other personal information of the bank's computer users.

Lauri Love, already facing charges in New Jersey and Virginia, is now charged with one count of computer hacking and one count of aggravated identity theft in U.S. District Court for the Southern District of New York, said Preet Bharara, the U.S. attorney there.

Documents charging Love in New York were unsealed Thursday.

"Lauri Love is a sophisticated hacker who broke into Federal Reserve computers, stole sensitive personal information, and made it widely available, leaving people vulnerable to malicious use of that information," Bharara said in a statement. "We place a high priority on the investigation and prosecution of hackers who intrude into our infrastructure and threaten the personal security of our citizens."

It was unclear who is representing Love in the U.S. cases.

Love used a SQL attack to infiltrate the bank's servers, according to a press release. In late December 2012, Love told other hackers in an IRC chat room that he had gained control of the server for the Federal Reserve Bank in Chicago, according to the indictment in New York. He also gained access to a Federal Reserve Bank server in New York, the U.S. Department of Justice alleged.

In later IRC chat sessions, Love told other hackers he had gained personal information of Federal Reserve employees and intended to make it public, the indictment alleges.

Love posted some personal information on a compromised website, according to Bharara's office.

The computer hacking carries a maximum term of 10 years in prison and the aggravated identity theft carries an additional sentence of two years in prison.

Love and coconspirators compromised several U.S. agencies, including NASA, the U.S. Defense Department's Missile Defense Agency, the U.S. Army's Network Enterprise Technology Command and the Environmental Protection Agency, according to the charges in New Jersey.

Grant Gross covers technology and telecom policy in the U.S. government for The IDG News Service. Follow Grant on Twitter at GrantGross. Grant's email address is grant_gross@idg.com.

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags governmentsecuritycybercrimelegaldata breachU.S. Department of JusticeU.S. District Court for the Southern District of New YorkPreet BhararaU.S. Federal Reserve BankLauri Love

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Grant Gross

IDG News Service
Show Comments

Brand Post

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Emily Tyson

MSI GE63 Raider

If you’re looking to invest in your next work horse laptop for work or home use, you can’t go wrong with the MSI GE63.

Laura Johnston

MSI GS65 Stealth Thin

If you can afford the price tag, it is well worth the money. It out performs any other laptop I have tried for gaming, and the transportable design and incredible display also make it ideal for work.

Andrew Teoh

Brother MFC-L9570CDW Multifunction Printer

Touch screen visibility and operation was great and easy to navigate. Each menu and sub-menu was in an understandable order and category

Louise Coady

Brother MFC-L9570CDW Multifunction Printer

The printer was convenient, produced clear and vibrant images and was very easy to use

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Walid Mikhael

Brother QL-820NWB Professional Label Printer

It’s easy to set up, it’s compact and quiet when printing and to top if off, the print quality is excellent. This is hands down the best printer I’ve used for printing labels.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?