https://www.cyberscoop.com/secret-service-reorganization-task-force-cybercrime-financial-crime/
By Shannon Vavra
CYBERSCOOP
July 9, 2020
The Secret Service is combining its Electronic Crimes Task Forces (ECTFs) and
Financial Crimes Task Forces (FCTFs) into one unified network, the agency
announced Thursday.
The new merged network of task forces, to be known as Cyber Fraud Task Forces
(CFTFs), will detect, prevent and root out cyber-enabled financial crimes, such
as business email compromise and ransomware scams, “with the ultimate goal of
arresting and convicting the most harmful perpetrators,” the Secret Service
said in a press release.
The agency hopes the reorganization integrates the resources and know-how in
the previous task forces.
“Through the creation of the CFTFs, the Secret Service aims to improve the
coordination, sharing of expertise and resources, and dissemination of best
practices for all its core investigations of financially-motivated cybercrime,”
the Secret Service said.
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