Friday, November 19, 2010

The Federal Reserve Bank hacked - Secret Service Foils the Plot

Quote of note:
U.S. Attorney Loretta Lynch said this case is an example of how "cybercriminals continue to use their sophistication and skill as hackers to attack our financial and national security sectors."

A cybercriminal managed to hack his way into the Federal Reserve bank's computers and had also stolen 400,000+ credit card numbers.  Luckily for all involved the U.S. Secret Service nabbed the person believed responsible.  The man was arrested at JFK Airport, his name is Lin Mun Poo and he is from Malaysia.

The man was traveling to New York to meet with other cybercriminals.  He planned to sell the information he gained hacking the Federal Reserve and potentially the credit card numbers he had stolen.  His next plan?  He mentioned he was going to hit the ATM machines using the stolen credit card numbers.

During questioning they learned he also compromised the computers at a defense contractor.

The final tally of how bad his compromise of the Federal Reserve may not be known for a while but Federal Reserve officials said he was not able to steal money or data.

"Hacker Breaks into Federal Reserve:  Feds", Jonathan Dienst, NBC New York, November 18, 2010.

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