Man indicted for hacking Federal Reserve Bank

A Malaysian man has been accused in court of hacking into the US’ Federal Reserve Bank, among other institutions, and stealing the details of around 400,000 credit cards.

Lin Mun Poo, aged 32, was arrested last month just after he arrived in the US. According to the UnitedStates Attorney’s Office, his “heavily-encrypted” laptop contained “a massive quantity of financial account data” and evidence that he had hacked into the computer systems of a number of organisations.

These included the Federal Reserve Bank of Cleveland, Ohio, the Firemen’s Association of the State of New York and the Mercer County New Jersey Teachers.

Poo is also accused of hacking into the systems of a contractor to the US Deparment of Defense.

“Cybercriminals continue to use their sophistication and skill as hackers to attack our financial and national security sectors,” said United States Attorney Loretta Lynch in a statement. “However, as this case demonstrates, they are no match for the cutting-edge investigative techniques of the Secret Service and the Department of Justice.”

If convicted, Poo could face up to ten years in prison.

Pete Swabey

Pete Swabey

Pete was Editor of Information Age and head of technology research for Vitesse Media plc from 2005 to 2013, before moving on to be Senior Editor and then Editorial Director at The Economist Intelligence...

Related Topics