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Public Sector
With the continuing pressure to make savings and to safeguard the public purse, do you wish that you could stem your fraud losses even further? Organisations in the private sector have been doing so for over 20 years. They do this by sharing information on fraud through the National Fraud Database. Over the last 5 years, CIFAS Members have reported fraud savings of over £4 billion through the National Fraud Database. This means that they have prevented £234 of fraud for every £1 that they pay in subscription. It is well-known that the same fraudsters - including those involved in organised crime - target both the private and the public sectors. The public sector stands to gain just as much from CIFAS membership in terms of prevented fraud losses as private sector organisations already achieves.
Public sector organisations - including Government Departments and Local Authorities joining CIFAS - can share data reciprocally both with one another and with the private sector to prevent fraud. They have the power to do this under the provisions of the Serious Crime Act 2007. CIFAS is one of a number of Specified Anti-Fraud Organisations designated by the Home Office under the Act. CIFAS has a wide and well-established private sector membership and a number of public sector organisations are already preparing to join.
Moreover, the National Fraud Database is online and in real-time, available 24 hours a day, 7 days a week. Full information is available for a detailed fraud investigation either before or after a service is provided. By carrying out checks before the service is provided or before the claim is paid, fraud can be prevented.
Please click on the following questions to find out more about CIFAS membership:
What are the benefits of CIFAS membership?
How does the National Fraud Database work?
Membership