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This is why brands need to think about the technologies they will think about using for the future consumer authentication apps.   Counterfeit apps, authentication sites and the use of open source solutions create security holes in the brand protection strategies of all brands.

http://www.nytimes.com/2016/11/08/technology/daily-report-fake-retail-apps-apple.html

After a bruising presidential campaign, more than a few of us might be looking forward to a festive holiday season. But the holidays are bringing their own problems, including a proliferation of fake retail apps that may be trying to trick you.

The counterfeit apps have popped up in abundance in Apple’s App Store in recent weeks, writes Vindu Goel. They are often disguised as the bona fide apps of luxury-goods makers like Christian Dior or discount stores like Dollar Tree.

Consumers may be deceived into entering their credit card numbers or Facebook login information into these apps, which would expose them to financial or information security risks. Some of the fake apps may even contain malware that could steal people’s information.

For Apple, the question is how so many of these apps, which appear to have originated in China, slipped past the company’s vetting process. The problem is not new — counterfeit apps have been around for a while — but their recent surge shows how intractable the issue can be. Apple has removed many of the fake retail apps after inquiries from reporters.

iTrace Technologies Brings Blockchain to Watch Manufacturing Through Montrichard Collaboration iTrace technologies and Montrichard company have entered a collaboration that will bring secured products to Montrichard’s clients. The watch manufacturing company will have 2DMI integration from iTrace which specializes in the provision of secure anti grey market and anti counterfeit solutions. Watches delivered to clients will […]

iTRACE Integrates 2DMI® Blockchain Security with Montrichard FINS Manufacturing Software PRESS RELEASE PR Newswire Oct. 11, 2018, 05:30 AM REDWOOD CITY, Calif., Oct. 11, 2018 /PRNewswire-PRWeb/ — iTRACE is helping brands fight the issues of counterfeit, grey market, diversion and production overrun of their products with its Blockchain connected 2DMI® security. With this integration, Montrichard is now […]

iTRACE Integrates 2DMI® Blockchain Security with Montrichard FINS Manufacturing Software iTRACE Technologies, Inc., a leading provider of secure Anti Grey Market and Anti Counterfeit solutions, announced today the integration of 2DMI® with Montrichard FINS. iTRACE Technologies, Inc. REDWOOD CITY, CALIF. (PRWEB) OCTOBER 11, 2018 iTRACE is helping brands fight the issues of counterfeit, grey market, diversion […]

PRESS RELEASE PR Newswire  Jul. 5, 2018, 09:09 PM SHANGHAI, July 5, 2018 /PRNewswire/ — On July 2-4, David M. Luna, President & CEO, Luna Global Networks & Convergence Strategies LLC participated in the China Global Trade Development Week (GTDW) and chaired the “Brand Protection: Anti-Illicit Trade” Workshop. The workshop held on July 4 brought together senior officials from across sectors, international organizations, […]

PRESS RELEASE PR Newswire Jul. 6, 2018, 06:30 PM WASHINGTON, July 6, 2018 /PRNewswire/ — On July 4, David M. Luna, President & CEO, Luna Global Networks & Convergence Strategies LLC provided opening remarks at the China Global Trade Development Week (GTDW) held in Shanghai, China and chaired the “Brand Protection: Anti-Illicit Trade” (AIT) Workshop. At the workshop, Mr. Luna highlighted how […]

iTRACE Technologies is one of the most effective forms of defenses on the blockchain, specifically supporting secure Anti-Grey Market and Anti Counterfeit Solutions. As of May 15th, 2018, the company has announced their new Secure 2DMI Making Service, which is planned for Dongguan China. This type of service is specifically meant to fight and reduce the risk […]