In developing countries, an estimated 10% of health and medical supplies and equipment are counterfeit. This is a complex problem that prevents people in these countries from building the confidence they need in the global economic system. Receiving counterfeit medical devices can also lead to serious illness and injury. In other cases it even leads to death. In addition, three in ten people did not know they had bought a anti counterfeit packaging technologies product until it led to unpleasant and disastrous results.
Counterfeit electronics can make the problem even more serious. Almost all of the fake iPhone chargers tested did not. This means that these products have not passed all of the critical security tests. This can of course lead to electric shock and fire. In addition, counterfeit electronic products can contain malware and spyware that can compromise your personal information. In recent times there have even been attempts to create counterfeit cryptocurrency wallets. This is also not a good thing as it can lead to the deletion of your entire cryptocurrency wallet.
Many consumers believe that brands should be primarily responsible for combating counterfeit goods, but buyers may also become aware of the problem to protect themselves. Brands are responsible for monitoring websites selling counterfeit and counterfeit goods and taking legal action to remove the offending product. It’s much more complicated than just clicking a button most of the time – the brand needs to watch out for repeat offenders and ensure that withdrawals are forced from online marketplaces.