IT Pro is supported by its audience. When you purchase through links on our site, we may earn an affiliate commission. Learn more

British man charged with hacking US Federal Reserve

Alleged NASA and FBI hacker faces additional charges.

handcuffs

A British Man has been charged with hacking into the servers of the US Federal Reserve and stealing users' personal information.

29-year-old Lauri Love is alleged to have worked with a team of other hackers to gain access to the Federal Reserve's systems between October 2012 to February 2013.

Using a SQL injection, Love is said to have accessed the names, email addresses and phone numbers of his victims and then posted them to a website he had previously gained control of.

He is charged with one count of computer hacking and one of aggravated identity theft. If found guilty, he faces up to 12 years in prison.

In a statement US Attorney Preet Bharara in New York said: "Lauri Love is a sophisticated hacker. 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."

These are not the first charges faced by Love, of Stradishall, Suffolk, in relation to computer offences in the US.

He is also accused of breaching the security of NASA, the FBI, the Pentagon's Missile Defense Agency, the US Environmental Protection Agency (EPA), and the US Department of Energy (DOE), among others.

A report last year by the DOE found Love could have taken the information on up to 104,000 people, costing the US at least $3.7 million (2.2 million).

For these offences, Love is also potentially facing decades in prison and hundreds-of-thousands of pounds in fines.

Featured Resources

Accelerating AI modernisation with data infrastructure

Generate business value from your AI initiatives

Free Download

Recommendations for managing AI risks

Integrate your external AI tool findings into your broader security programs

Free Download

Modernise your legacy databases in the cloud

An introduction to cloud databases

Free Download

Powering through to innovation

IT agility drive digital transformation

Free Download

Recommended

LockBit 2.0 ransomware disguised as PDFs distributed in email attacks
Security

LockBit 2.0 ransomware disguised as PDFs distributed in email attacks

27 Jun 2022
Hackers use Linux backdoor on compromised e-commerce sites with software skimmer
malware

Hackers use Linux backdoor on compromised e-commerce sites with software skimmer

19 Nov 2021
Iranian hackers ramp up attacks against IT services sector
hacking

Iranian hackers ramp up attacks against IT services sector

19 Nov 2021
TikTok phishing campaign tried to scam over 125 influencer accounts
social media

TikTok phishing campaign tried to scam over 125 influencer accounts

18 Nov 2021

Most Popular

The UK's best cities for tech workers in 2022
Business strategy

The UK's best cities for tech workers in 2022

24 Jun 2022
LockBit 2.0 ransomware disguised as PDFs distributed in email attacks
Security

LockBit 2.0 ransomware disguised as PDFs distributed in email attacks

27 Jun 2022
Salaries for the least popular programming languages surge as much as 44%
Development

Salaries for the least popular programming languages surge as much as 44%

23 Jun 2022