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Industry News

19 Apr 2011

Hacker pleads guilty to charges

Lin Mun Poo recently pleaded guilty to charges of hacking into the Federal Reserve’s computer system.

The Malaysian man had been accused of hacking the Federal Reserve building in Cleveland and installing malicious code onto the server. According to court papers, the attack affected 10 or more computers and cost thousands of dollars worth of damage. Also, Poo admitted to processing more than 400,000 stolen credit and debit card account numbers.

Poo was arrested in October at JFK airport in New York as he attempted to enter the United States. Agents seized his laptop containing financial data and personal information, which officials say was obtained from hacking into networks.

Poo faces up to a maximum sentence of 10 years in prison and sentencing is scheduled for September.

Cyber criminals appear to be receiving similar sentences for their malicious acts. Last month, Jesse William McGraw of the anarchist group the Electronik Tribulation Army was sentenced to nine years and two months in prison for installing malicious malware on computers at a Texas hospital.