The Counterfeiting Conundrum: How Technology Will Slam the Scam
Counterfeiting is a high-margin $654 billion growth industry largely run by criminal organizations that have few disincentives to stop.
Anti-counterfeiting laws and punishment are non-existent in many jurisdictions, leaving the responsibility of abating the flow of fakes to enterprises. Legacy anti-counterfeiting technologies, such as barcodes and holograms, can be duplicated. However, a new generation of technologies are already in the field or about to be unleashed upon the counterfeiters. We detail some of the more interesting technologies in this report. (This article is brought to you by Sophic Capital.
http://www.cantechletter.com/2014/10/counterfeiting/
Related Posts
Plain tobacco packaging may fuel black market
Big supermarket chains and small dairy owners are warning plain tobacco packaging...
2 men held in Mumbai for smuggling silver worth Rs 2.58 crore from Thailand
The customs department in Mumbai on Thursday arrested two people on charges of...
Luxury goods maker Kering sues Alibaba over counterfeit products
Luxury product maker Kering, which includes brands such as Gucci and Yves Saint...
Fake Electric Scooty Seized in Agra
Agra Fake Electric Scooty Case: A fake scooty showroom has been busted in UP’s...