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20 November 2010 ~ Comments Off

U.S. Secret Service Cracks Case Of Federal Reserve Bank Hacking

Tejinder Singh – AHN News Correspondent

Washington, D.C., United States (AHN) – The United States Secret Service disclosed this week that its investigation resulted in the indictment of a Malaysian national and uncovering of a history of compromising computer servers belonging to financial institutions, defense contractors and major corporations, and selling or trading the information obtained from these businesses.

“An international investigation into hacked computer systems has resulted in a federal indictment against Lin Mun Poo, a resident and citizen of Malaysia,” said the United States Attorney’s Office for the Eastern District of New York in a communique, announcing the indictment.

The four-count indictment charged Poo, 32, with hacking into a computer network of the Federal Reserve Bank of Cleveland, Ohio. He is also charged with possessing more than 400,000 stolen credit and debit card account numbers allegedly obtained by hacking into various computer systems of other financial institutions.

“As today’s technology continues to evolve, cybercriminals use these advances and enhancements to perpetrate an expanding range of crimes,” said Brian Parr, Special Agent in Charge of the U.S. Secret Service New York Field Office.

“These crimes not only affect our nation’s financial infrastructure, but are also an ongoing threat to our national security. The Secret Service is committed to deploying cutting edge investigative practices and technology in order to bring these offenders to justice,” Parr added.

According to the communique, Poo was arrested on October 21, 2010, after traveling to the U.S. to obtain additional stolen financial account information from other hackers.

Hours after arriving at John F. Kennedy International Airport, Secret Service agents arrested Poo and seized his heavily encrypted laptop.

Among the results of a forensic examination of the seized laptop were huge quantities of alleged hacked information from FedComp, a data processor for federal credit unions, detailing “financial account data and personal identifying information,” and from “Federal Reserve Bank in Cleveland, Ohio,” and the computer systems of a defense contractor.

Article © AHN – All Rights Reserved

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