Latest Public Sector News

26.02.15

CIPFA and BAE to develop counter-fraud services for the public sector

The Chartered Institute of Public Finance and Accountancy’s Counter Fraud Centre (CCFC) is working with BAE Systems Applied Intelligence to develop counter-fraud services and solutions for the public sector.

The aim of the alliance is to “revolutionise” how public sector organisations use technology to identify and protect themselves against fraudulent activity and cyber-attack.

In particular, CIPFA, powered by BAE Systems, will focus its efforts in four areas: Managing Risk, Fraud Detection; Cyber Security; and Compliance and Anti Money Laundering (AML).

Rachael Tiffen, head of the CFC, said: “We are delighted to announce our strategic partnership with BAE Systems Applied Intelligence in an initiative aimed at making new capabilities available to public services to improve their counter-fraud and cyber security strategies and better protect the public pound.

“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.”

In an effort to Managing Risk more effectively, the partnership will explore the creation of a ‘global fraud risk register’ to allow for a better understanding of the fraud landscape.

In addition to understanding fraud risks, the partnership will enable public services to utilise advanced data analysis tools to better support the fight against fraud and connect with other authorities facing similar issues.

CIPFA and BAE will also help public sector organisations to better understand cyber threats by putting the right security measures in place. Public services will also be supported with AML solutions to check the legitimacy of payments and help identify fraudulent activity.

George Robbins, senior director, 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.”

CIPFA is holding an event on 3 March 2015 at its London headquarters to showcase and share leading-edge counter-fraud and cyber-security solutions to those working in public services. 

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