Crane Authentication

In a recent bust in Summerville, authorities seized a staggering 35 million dollars' worth of #counterfeit #Viagra #pills, highlighting a growing and #dangerous #trend in the #pharmaceutical world. This incident is not isolated but part of a larger, alarming increase in counterfeit medications that pose significant health risks to consumers. https://lnkd.in/eRUBJb6M Counterfeit medications, particularly lifestyle drugs like Viagra, are becoming increasingly prevalent. According to recent data, nearly 6,000 pharmaceutical crime incidents were recorded in 2021, marking a 38% increase from the previous year. https://lnkd.in/eNVDaKkk The Centers for Disease Control and Prevention (CDC) reports that evidence of counterfeit pill use in overdose deaths more than doubled from 2019 to 2021. These fake medications often contain incorrect dosages, harmful ingredients, or no active ingredients at all, leading to severe health consequences. https://lnkd.in/df8dgEZd World Health Organization Office at the EU (WHO) estimates that 1 in 10 medical products in low- and middle-income countries is substandard or falsified. https://lnkd.in/ezaGthpe This issue is not just a matter of ineffective treatment but a deadly one, contributing to 144,000 additional deaths annually from imitation antibiotics and anti-malarial drugs alone. https://lnkd.in/eFWwry4J 🛡The rise in counterfeit drugs is a clear call to action for both consumers and authorities to prioritize safety and health. At Crane, we provide #authentication and #brand #protection solutions that give people #trust in the moments that matter. Our unique technology provides solutions that strengthen trust and give consumers #confidence. 💻 Contact us today! 👉 https://lnkd.in/gGyRVM-m 💻

Recently, a major raid in Sofia, Bulgaria uncovered millions of euros worth of stolen car parts from an unidentified #German #manufacturer. These parts were being sold as genuine but were actually #counterfeit. This operation, supported by Europol, highlights a growing issue that affects all of us. Counterfeit car parts are not just a financial scam—they’re a serious safety hazard. Using these fake parts can lead to vehicle malfunctions, accidents, and even fatalities. In fact, the World Health Organization reported that in 2017, 36,000 fatalities and 1.5 million injuries were linked to defective counterfeit parts. In India, it’s estimated that 20% of all road accidents are caused by fake vehicle components. https://lnkd.in/eubxCErq For example, a recent investigation revealed counterfeit airbags filled with rags and silicone putty instead of proper deployment mechanisms. These substandard airbags can fail during a crash, leading to severe injuries or death. https://lnkd.in/ev76wrbp Counterfeit parts are often substandard and can fail, leading to accidents and injuries. Legitimate businesses lose revenue, and employees may lose jobs due to unfair competition. Those involved in counterfeiting face severe legal penalties, including fines and imprisonment. Consumers lose trust in brands when counterfeit products flood the market. At Crane, we provide #brand #protection solutions that give people #trust in the moments that matter. Our unique technology provides solutions that strengthen trust and give consumers #confidence. Overt security features, particularly PROFOUND™ security labels, provide a distinct purpose when it comes to identifying a #genuine product – our technology is the only solution that doesn’t need lengthy actions or smartphones, the authentication is immediate, fast, simple, and inclusive to all, anywhere. 💻 Contact us today! 👉 https://lnkd.in/gGyRVM-m

Good news for #brand #owners and #consumers! Shopee, the largest e-commerce platform in Southeast Asia and Taiwan, is stepping up its game to combat product counterfeiting. With 8.2 billion gross orders annually, Shopee’s popularity has unfortunately attracted counterfeiters. But don’t worry, Shopee is on it with the leadership of their interim head of brand protection. For #brands, counterfeit products divert sales from legitimate brands, causing significant financial losses, legal issues as well as loss of brand reputation. For #consumers, counterfeit products, especially in categories like #pharmaceuticals and #agrochemicals, can pose serious health and safety risks, as well as financial losses. Shopee’s proactive #anticounterfeiting measures include: 🛡Enhanced Detection Models: Shopee has extended its category-specific detection models to brand-specific ones. These models are tailored to address the unique challenges faced by different brands, improving the accuracy of counterfeit detection. This is where #overt #security and #authentication #features, such as PROFOUND™ security labels, can play a crucial role. 🛡Proactive In-House Trademark Infringement Detection: In 2023, Shopee launched a pilot program for 13 brands, focusing on detecting trademark infringements proactively. This model is being expanded to nearly 40 brands in 2024. 🛡Live Sheets for Keyword Updates: Shopee collaborates with brand owners to share new keyword combinations via ‘live sheets.’ This allows Shopee to quickly update its detection models with the latest information on counterfeiting tactics. 🛡Improved Notice and Takedown Process: The Brand IP Portal, launched in Q3 2023, simplifies the process for brand owners to report infringements. This portal is continuously improved based on feedback from enforcement agencies and brand partners. 🛡Test Purchase Program: Launched in 2024, this initiative involves proactive detection and offline investigation of counterfeit goods. Shopee identifies potential targets for test purchases, and brand owners participate by testing and examining products. As the fight against counterfeiting continues, the implementation of visible security features and labels on product packaging is essential. These measures not only #protect #consumers from potentially #dangerous #counterfeit goods but also help maintain the trust and reputation of legitimate brands. By investing in advanced packaging security, companies can play a pivotal role in safeguarding the marketplace and ensuring that consumers can shop with confidence. #CraneAuthentication #PROFOUND™ #AuthenticByDesign🌐🛡️

Are you in #Chicago next week? Crane Authentication is heading back to PACK EXPO International 2024! 🎉 From November 3-6 in Chicago, we’ll be unveiling our latest breakthroughs in #secure #packaging #solutions. Come meet our team of experts and explore how our cutting-edge technology is transforming the industry. We can’t wait to connect with you! 👋 📅 Dates: November 3-6, 2024 📍 Venue: McCormick Place, Chicago Heather Clarke-Hite

A recent article on CNBC highlights Amazon’s ongoing battle against #counterfeiters, revealing the extent of the problem and the measures being taken to combat it. This underscores the critical need for #overt #security features and labels on product packaging to ensure consumer safety and trust. https://lnkd.in/dQcdz7Bi The Growing Counterfeit Problem Counterfeiting has become a massive industry, with sales totaling around $500 billion annually. Companies like Crye Precision LLC, which produces specialized military gear, have suffered significant financial losses due to counterfeit products flooding the market. These fake goods not only undermine #brand #reputation but also pose serious #safety #risks to consumers who may unknowingly purchase substandard or unsafe items. Amazon’s Response Amazon has taken substantial steps to address this issue, including the creation of the Counterfeit Crimes Unit (CCU), which partners with brands and law enforcement to tackle counterfeiters. Despite these efforts, the sheer volume of products on online marketplaces makes it challenging to police every item effectively. This is where #overt #security #features, such as PROFOUND™ security labels, can play a crucial role. The Importance of Overt Security Features #ConsumerConfidence: Visible security features such as PROFOUND™ security labels, QR codes, and tamper-evident seals can reassure consumers that the product they are purchasing is genuine and safe. This is particularly important for products that impact health and safety, such as pharmaceuticals, electronics, and food items. #BrandProtection: For businesses, incorporating overt security features helps protect their brand integrity. It makes it more difficult for counterfeiters to replicate products, by reducing the incidence of fake goods in the market. #EasyToAuthenticate: Overt security features such as PROFOUND™ security labels allow consumers, retailers, and auditors to quickly verify the authenticity of a product. Also, scanning a QR code can provide instant access to product information and authentication details. #Deterrence: The presence of visible security measures can act as a deterrent to counterfeiters. Knowing that a product is equipped with advanced security features may discourage attempts to produce and sell fake versions. Overt security measures often have covert elements within them to protect against counterfeiters. As the fight against counterfeiting continues, the implementation of overt security features and labels on product packaging is essential. These measures not only protect consumers from potentially dangerous counterfeit goods but also help maintain the trust and reputation of legitimate brands. By investing in advanced packaging security, companies can play a pivotal role in safeguarding the marketplace and ensuring that consumers can shop with confidence. #CraneAuthentication #PROFOUND™ #AuthenticByDesign

Crane Authentication is gearing up for PACK EXPO International 2024! 🎉 Join us from November 3-6 in Chicago, where we’ll be showcasing our latest innovations in secure packaging solutions. Don’t miss the chance to connect with our experts and discover how we’re revolutionizing the industry with cutting-edge technology. See you there! 👋 📅 Date: November 3-6, 2024 📍 Location: McCormick Place, Chicago Heather Clarke-Hite #PackExpo2024 #CraneAuthentication #SecurePackaging #Innovation

A recent incident involving a #fake Dyson #Airwrap that exploded in a customer’s face highlights the #dangers of #counterfeit #electronics. These fake products not only fail to deliver the quality you expect but can also pose serious safety risks. In this case, the counterfeit #Airwrap caused significant distress and potential harm to the user. https://lnkd.in/gKWE6xmX Adding to the concern, Suffolk Trading Standards recently seized 500 counterfeit hairdryers at the Port of Felixstowe. These fake hairdryers were found to be electrical shock and fire hazards, with some even melting during testing. https://lnkd.in/gVN2n9gc #Counterfeit electronics can overheat, fail to shut off, and pose fire risks. Always purchase from authorized retailers to ensure #product #safety and #authenticity. 🛡 At Crane, we provide #brand #protection solutions that give people #trust in the moments that matter. Our unique technology provides solutions that strengthen trust and give consumers #confidence. 💻 Contact us today! 👉 https://lnkd.in/gGyRVM-m 💻

It was 20 years ago that the micro-optics technology behind MOTION® first made its appearance. A year later, Crane Currency fully acquired the IP and unveiled its first commercial product, a security thread called MOTION. The following year, that thread made its debut in a circulating note—the Swedish 1,000 kronor—and since then, this technology has spearheaded the banknote security industry as we know it today. Read more - https://lnkd.in/d3Gh3Pmu #CraneCurrency #MOTIONTechnology #BanknoteSecurity

🛡 #Protecting Your #Brand in #Markets Prone to #Counterfeiting 🛡 In today’s competitive landscape, safeguarding your brand is more important than ever. GoPro’s recent achievement of ‘well-known’ status for its trademark in Türkiye offers valuable insights for all brands. 🛡 Why it Matters: Türkiye, known for its vibrant market and unfortunately, product counterfeiting, presents unique challenges for brands. GoPro’s strategic approach to securing its trademark rights here is a masterclass in brand protection. 🛡 GoPro’s success in Türkiye underscores the importance of a well-planned legal strategy and robust market presence. Brands can learn a lot from this approach to safeguard their trademarks and enhance their market position.

🚀 #BreakingNews! 🚀 Crane NXT (NYSE: CXT) has signed a definitive agreement to acquire De La Rue Authentication Solutions for £300 million. This acquisition enhances our portfolio with cutting-edge security and authentication technologies, strengthening our position as a market leader in protecting valuable assets from counterfeiting and illicit trade. 🌍🔒 Aaron W. Saak, our CEO, highlights that this move accelerates our strategy to provide trusted technology solutions globally. We look forward to driving growth and innovation in new markets! Read the press release to find out more. https://lnkd.in/eZVUnTuN #CraneNXT #DeLaRue #Acquisition #SecurityTech #Innovation #MarketLeader