Action needed against new risks in counterfeiting
Companies including producers, wholesalers and retailers should assess their insurance and clarify the coverage they have against the risks posed by counterfeits.That’s one of the key recommendations to come from a new Zurich report examining the growing risks associated with counterfeit products.According to the report – Counterfeit products: new risks in global value chains – the globalised economy, digitalisation and investment by organised crime groups are resulting in a rapid rise in the production and organisational quality of counterfeiting.
Related Posts
Village distillery churns out fake premium liquor, busted
A gang that produced spurious liquor and distributed it as premium liquor brands...
Customs Makes Arrest After Seizing 927,000 Cigarettes
A 43-year-old man was scheduled to appear in the Manukau District Court today...
Woman fined $990,000 for smuggling gold bars in rectum.
A Korean woman who smuggled 790 million won of gold bars into Korea in her rectum...
Large Amount of Consumer Tech Is Counterfeit, OECD Report Finds
Nearly 20 percent of mobile phones and 25 percent of video game consoles sold...