14 February 2022
The Financial Crimes Enforcement Network (FinCEN) has issued a fact sheet on its Rapid Response Program (RRP)—a collaborative partnership that leverages FinCEN’s relationships with law enforcement, U.S. financial institutions, and foreign financial intelligence units to help victims and their financial institutions recover funds stolen as the result of certain cyber-enabled financial crimes schemes, including business e-mail compromise.
The fact sheet provides information on the program and emphasizes that victims of cyber-enabled crimes, or victims’ financial institutions must file a complaint with law enforcement to initiate the RRP process. Through these collaborative efforts, FinCEN has successfully assisted in the recovery of over $1.1 billion since the program’s inception in 2015.
You find more details in the fact-sheet below:RRP Fact Sheet Notice FINAL 508
Source – FinCen: Fact Sheet