This occasional paper by Hugo Rosemont for RUSI makes for some very interesting reading and decent recommendations on how the UK's Joint Money Laundering Intelligence Taskforce (JMLIT) can learn about public-private sector cooperation from previous initiatives.

It is striking that when it comes to public-private sector cooperation in cybercrime and fraud, information sharing tends to be the primary (often only) goal. Information sharing is certainly key, but surely this should just be the foundation when it comes to tacking fraudsters who are increasingly several steps ahead in this rapidly-evolving arena. The public sector seems to be missing a trick in its reluctance to engage the private sector further, for example with the development of technology to tackle cybercrime, forensic investigations, receiverships, asset tracing and recovery activities.

To lift a quote used by Mr Rosemont in his paper from a senior director of GCHQ, Alex Dewdney:

 "there's been something of a mantra in the UK that the solution to all of our problems is information sharing and public/private partnerships - that if we keep doing that then somehow it will magically cause improvement to happen. That approach by itself is not sufficient."