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Man Charged With Hacking the Federal Reserve Faces 12 Years

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A British man stands accused of hacking into the computer servers for the U.S. Federal Reserve, stealing confidential information and posting it online.

The U.S. Attorney’s Office in New York City announced the charges and unsealed an indictment against the alleged hacker, Lauri Love, on Thursday. Love, who was 28 at the time of his arrest in the UK in October, faces charges of computer hacking and aggravated identity theft.

“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,” U.S. Attorney Preet Bharara said in a statement Read more…

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