The Chartered Institute of Public Finance and Accountancy​’s counter fraud centre, launched last year, says the new collaboration with BAE Systems Applied Intelligence ​could help revolutionise how public sector organisations use technology to identify and protect themselves against fraud and cyber attacks.

The programme is aimed at making technology and best practice available to the councils and other bodies.

Rachael Tiffen, head of the counter fraud centre, said: “Since the launch of CCFC last year, we have been looking at ways to create smarter technology that will allow public sector organisations across the UK to co-operate with each other.

“The institute is particularly excited about the fraud detection capability that is being developed by CIPFA and BAE Systems.

“Public services are experiencing huge shortfalls as a result of fraud and we hope to be able to decrease this by collecting and sharing data.”

CIPFA is holding an event today to showcase and share leading edge counter fraud and cyber security solutions to those working in public services.

George Robbins, senior director of commercial solutions, EMEA, from BAE Systems Applied Intelligence, said: “Supporting the public sector in the fight against digital crime is a key contributor to ensuring that public services resources within the UK are focused where they are most needed and to greatest effect.”

The initiative will focus on four main areas:

• Managing Risk –the creation of a global fraud risk register will be explored to allow for a better understanding of the fraud landscape;
• Fraud Detection – in addition to understanding fraud risks, the partnership will enable public services to use advanced data analysis tools to better support the fight against fraud and connect with other authorities facing similar issues;
• Cyber Security – the initiative will help public services to better understand cyber threats and to put the right security measures in place;
• Compliance and Anti Money Laundering (AML) –public services will be supported with solutions to check the legitimacy of payments and help identify fraudulent activity.