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

Join the CSO newsletter!

Error: Please check your email address.

Tags U.S. Department of JusticeU.S. Federal Reserve Banksecuritydata breachlegalLauri LovegovernmentcybercrimeU.S. District Court for the Southern District of New YorkPreet Bharara

More about Department of JusticeEnvironmental Protection AgencyIDGNASATechnology

Show Comments

Featured Whitepapers

Editor's Recommendations

Solution Centres

Stories by Grant Gross

Latest Videos

  • 150x50

    CSO Webinar: The Human Factor - Your people are your biggest security weakness

    ​Speakers: David Lacey, Researcher and former CISO Royal Mail David Turner - Global Risk Management Expert Mark Guntrip - Group Manager, Email Protection, Proofpoint

    Play Video

  • 150x50

    CSO Webinar: Current ransomware defences are failing – but machine learning can drive a more proactive solution

    Speakers • Ty Miller, Director, Threat Intelligence • Mark Gregory, Leader, Network Engineering Research Group, RMIT • Jeff Lanza, Retired FBI Agent (USA) • Andy Solterbeck, VP Asia Pacific, Cylance • David Braue, CSO MC/Moderator What to expect: ​Hear from industry experts on the local and global ransomware threat landscape. Explore a new approach to dealing with ransomware using machine-learning techniques and by thinking about the problem in a fundamentally different way. Apply techniques for gathering insight into ransomware behaviour and find out what elements must go into a truly effective ransomware defence. Get a first-hand look at how ransomware actually works in practice, and how machine-learning techniques can pick up on its activities long before your employees do.

    Play Video

  • 150x50

    CSO Webinar: Get real about metadata to avoid a false sense of security

    Speakers: • Anthony Caruana – CSO MC and moderator • Ian Farquhar, Worldwide Virtual Security Team Lead, Gigamon • John Lindsay, Former CTO, iiNet • Skeeve Stevens, Futurist, Future Sumo • David Vaile - Vice chair of APF, Co-Convenor of the Cyberspace Law And Policy Community, UNSW Law Faculty This webinar covers: - A 101 on metadata - what it is and how to use it - Insight into a typical attack, what happens and what we would find when looking into the metadata - How to collect metadata, use this to detect attacks and get greater insight into how you can use this to protect your organisation - Learn how much raw data and metadata to retain and how long for - Get a reality check on how you're using your metadata and if this is enough to secure your organisation

    Play Video

  • 150x50

    CSO Webinar: How banking trojans work and how you can stop them

    CSO Webinar: How banking trojans work and how you can stop them Featuring: • John Baird, Director of Global Technology Production, Deutsche Bank • Samantha Macleod, GM Cyber Security, ME Bank • Sherrod DeGrippo, Director of Emerging Threats, Proofpoint (USA)

    Play Video

  • 150x50

    IDG Live Webinar:The right collaboration strategy will help your business take flight

    Speakers - Mike Harris, Engineering Services Manager, Jetstar - Christopher Johnson, IT Director APAC, 20th Century Fox - Brent Maxwell, Director of Information Systems, THE ICONIC - IDG MC/Moderator Anthony Caruana

    Play Video

More videos

Blog Posts