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Product and Image Security

Product & Image Security – The Problem

Product & Image security mainly addresses the problem of product and document related crimes.

During recent years product related crimes have increased at very high rates. Some research indicates an estimated growth rate of such crimes at as high as 60% annually in the 90’s, growing from around 3.5% of world trade to up to 7% today.

The result is great losses to industry and commerce in the form of direct losses from decreased authentic product sales, and losses to governments in the form of lost taxation. There are social costs involved, with an estimated 200,000 jobs lost worldwide per annum as a result of counterfeiting. And finally there are health hazards to the public as a result of counterfeit drugs, auto spare parts, faulty replacement aviation parts (!), unsafe toys, etc.

The legal systems in the world have not kept up with the pace of product related crimes, and the punishment imposed on such crimes are often ridiculously...

Posted by: Jason Pinsky

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