The United States Secret Service recently announced the creation of a fresh network of task forces, to tackle both new as well as traditional financial crimes.
In recognition of the increasing convergence of classic financial crimes with the modern ones features a cyber-element, the service has decided to formally merge its Financial Crimes Task Forces (FCTFs) and Electronic Crimes Task Forces (ECTFs) into a single unified network.
This network of crime-fighting crews will be called as the Cyber Fraud Task Forces (CFTF). The Secret Service confirmed that the mission of the CFTF is to prevent, detect, and mitigate complicated cyber-enabled financial crimes, with the main goal of arresting and convicting the most dangerous perpetrators.
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