Fed computer hacker pleads guilty

By Charles Riley, staff reporter


NEW YORK (CNNMoney) -- A Malaysian man accused of hacking into the Federal Reserve's computer system pleaded guilty Wednesday in New York.

Lin Mun Poo had been accused of hacking into a computer network of the Federal Reserve Bank of Cleveland and installing a malicious code onto the Fed's server.

Appearing in court on Tuesday, Poo pleaded guilty to those charges and admitted to installing the code. He also admitted to possessing more than 400,000 stolen credit and debit card account numbers.

Poo, 32, was arrested in October by Secret Service agents as he attempted to enter the U.S. at Kennedy International Airport in New York.

His laptop was seized, and agents uncovered financial account data and personal identifying information that prosecutors allege he obtained by hacking into the computer networks of various financial institutions.

In addition to gaining access to the Fed's computer network, he also hacked into a Department of Defense contractor's network that contained "highly sensitive military logistics information." To top of page

Frontline troops push for solar energy
The U.S. Marines are testing renewable energy technologies like solar to reduce costs and casualties associated with fossil fuels. Play
25 Best Places to find rich singles
Looking for Mr. or Ms. Moneybags? Hunt down the perfect mate in these wealthy cities, which are brimming with unattached professionals. More
Fun festivals: Twins to mustard to pirates!
You'll see double in Twinsburg, Ohio, and Ketchup lovers should beware in Middleton, WI. Here's some of the best and strangest town festivals. Play
Index Last Change % Change
Dow 17,191.37 -195.84 -1.13%
Nasdaq 4,637.99 -43.50 -0.93%
S&P 500 2,002.16 -27.39 -1.35%
Treasuries 1.72 -0.10 -5.53%
Data as of 3:40am ET
Company Price Change % Change
Apple Inc 115.31 6.17 5.65%
Bank of America Corp... 15.20 -0.43 -2.75%
Yahoo! Inc 46.46 -1.53 -3.19%
Microsoft Corp 41.19 -1.47 -3.45%
Facebook Inc 76.24 0.46 0.61%
Data as of Jan 28

Sections

One of the in-flight catalog's vendors wants to buy the company's assets and reinvent it for the Internet age. More

Drone-maker DJI is planning a software update to prevent its drones from flying in downtown D.C. More

On demand delivery startup WunWun is expecting its order volume to double by the time they close up shop on Monday. All thanks to a blizzard. More

401(k) balances reached a record high last year, thanks to a soaring stock market and larger contributions from workers participating in the savings plans, according to Fidelity. More

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2015 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2015. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2015 and/or its affiliates.