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U.S. Secret Service Creates Cyber Fraud Task Force

July 13, 2020

Mainly aimed at improving data sharing, interoperability, and the development of investigative skills, the CFTF will be focused on the prevention, detection, and mitigation of financially motivated cyberattacks. The CFTF’s goal, the Secret Service notes, is to arrest and convict cybercriminals.

“The creation of the new Cyber Fraud Task Force (CFTF), will offer a specialized cadre of agents and analysts, trained in the latest analytical techniques and equipped with the most cutting-edge technologies. Together with our partners, the CFTFs stand ready to combat the full range of cyber-enabled financial crimes,” Michael D’Ambrosio, Assistant Director, U.S. Secret Service, commented.

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