The rise in counterfeit products has witnessed a worrying increase, with every sector affected. From aerospace and automobile parts, to pharmaceutical, medical devices, tax stamps, cosmetics and many more. Many counterfeiters have adapted their production and selling processes in line with the rise in online shopping since the start of the pandemic. Europol studies have shown time and time again how these counterfeit products pose a ‘serious threat to the health and safety of consumers, as well as to the European economy’.
The key to combating counterfeits in your industry are product authentication systems which are both simple to implement and fully secure. Unfortunately, many of these systems can be broken into, with the security of your products severely compromised through sophisticated cloning, copying and faking by the counterfeiters.
Fully secure systems allow companies and brands to authenticate parts, ingredients and products across the supply chain to ensure no harmful counterfeit products enter.