Inside these posts: Federal Reserve-Cleveland

Visit our Filed page for categories. To browse by specific topic, see our Inside page. For a list of companies covered on this site, visit our Companies page.

 

Malaysian man hacks Federal Reserve computes

A Malaysian man was charged on Thursday for hacking into the computer network of a U.S. Federal Reserve bank and for stealing more than 400,000 stolen credit card and debit card numbers, according to federal authorities.

Lin Mun Poo, 32, is suspected of accessing financial records at a Federal Reserve Bank in Cleveland, Ohio, by “exploiting a vulnerability he found within their secure system,“ according to a statement by the U.S. Attorney’s Office of the Eastern District of New York. At least 10 Federal Reserve Bank computers were affected by the breach, resulting in thousands of dollars in damage, the statement said. Get the full story »