The global estimated loss to counterfeiting is expected to exceed U.S.$1.5 trillion in 2009. Counterfeiting impacts all businesses in all markets, from Gucci handbags to computer chips to proprietary algorithms. The threats to companies’ intellectual property (IP) grow as the global supply chain becomes increasingly complex. Security and protection in the global supply chain is critical to maintaining a competitive advantage, while in some cases it is required just to stay in business.
Author: Juwayriyah Hussain, Sr. Product Marketing Engineer, Low-Cost Products