Brit arrested for breaking into Federal Reserve

A British bloke with the unfortunate name of Lauri Love has been charged with hacking into computer servers belonging to the US Federal Reserve, and then widely disclosing personal information of people who use them.

Love was cuffed in Blighty four months ago and accused by US and British authorities of hacking into various U.S. government computer systems, including those run by the military.

The Suffolk resident, who is in his late-20s, worked with other hackers from October 2012 to February 2013 to infiltrate the Federal Reserve’s system.

Love used a SQL injection to access names, email addresses and phone numbers, and then post the stolen information to a website he controlled after a prior hacking.

Love boasted about his activity in a chatroom under names such as “peace” and “Smedley Butler,” once saying he planned to “drop another little federal reserve bomb,” meaning he would disclose confidential information.

US Attorney Preet Bharara philosophically defined Love as a sophisticated hacker, however it is not clear how much data was actually nicked.

Love is charged with one count each of computer hacking and aggravated identity theft. If he is extradited to the US he could face a decade in prison on the hacking charge and another two years on the identity theft charge.

Love has entered no plea, which sounds like it should be an internet meme on Facebook.