Man that hacked into Federal Reserve could face 12 years

Posted Mar 1, 2014

Lauri Love, a British man that was accused of hacking into the U.S. Federal Reserve computer servers and posting information online, could face a maximum sentence of 12 years in prison. The U.S. Attorney’s Office in New York City announced the charges and unsealed an indictment against Love. Love was 28 years old when he was arrested in the U.K. in October and faces computer hacking and aggravated identify theft charges.

“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.

Love conducted the hack between October 2012 and February 2013. Hacker group Anonymous took credit for the attack as part of “Operation Last Resort” to avenge the death of Aaron Swartz.

Love used different aliases like “peace,” “shift,” “route,” and “Smedly Butler.” Love exploited a vulnerability in the Fed’s system using an SQL injection.

Once Love accessed the database, he posted the names, e-mail addresss, and phone numbers of the of people that used the Federal Reserve’s system to a separate website. The personal information of around 4,000 bankers was dumped.

Love is free on bail in the U.K. If he is extradited in the U.S., Love would face a maximum sentence of 12 years. Ten of the years are for computer hacking and two are for aggravated identity theft. Love was previously indicted by federal prosecutors in New Jersey this past October for separate charges related to hacking government networks, including the U.S. military.