Monthly Archives - December 2023

Fighting counterfeit medicines in the pharmaceutical industry

The proliferation of counterfeit medicines has become a growing concern, impacting public health and brand integrity in the pharmaceutical industry. Data from the Pharmaceutical Security Institute paints a worrisome picture, indicating a 38% surge in pharmaceutical crime incidents in 2021 compared to the previous year. From endangering consumers to tarnishing the...

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Positive impact and security risks of QRIS in banking transactions

Technological advancements in the banking sector have created a significant impact, providing convenience for customers in conducting financial transactions. One notable recent innovation is the QRIS (Quick Response Code Indonesia Standard), a QR code-based payment standard developed by Bank Indonesia. QRIS aims to facilitate QR-based payments domestically, offering a more...

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Mitigation and detection of bribery in the supply chain

Bribery poses a significant threat within the supply chain, jeopardizing corporate integrity and potentially leading to severe consequences. Recent cases of bribery in the supply chain highlight the critical need for adopting innovative measures to prevent and detect such occurrences. Various forms of bribery commonly manifest in supply chains, accompanied by...

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Uncovering food fraud by optimizing due diligence

Food fraud is not a new issue in the food industry. This unethical practice is intricately complex, encompassing deliberate actions aimed at deceiving consumers or gaining undue economic benefits through food manipulation. This includes contaminating food materials, substituting raw ingredients, falsifying labels, manipulating production processes, certification fraud, and fraud within...

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Brand protection: Market surveys and inspections

Brand protection plays a crucial role in various aspects of businesses. Beyond providing legal safeguards and augmenting brand value, it safeguards investments, preserves company reputation, and shields consumers from the perils of counterfeit products. Two very important methods in brand protection efforts are market surveys and inspections. While distinct in purpose,...

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Securing the recruitment process with competency certificate verification

In the recruitment process, one of the most crucial factors to consider is the abilities and qualifications of prospective candidates. One common method used to gauge these abilities is through competency certificate verification.  These certificates are official documents that serve as proof that an individual has completed specific training or education....

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Banking fraud alert: Unveiling the latest schemes

Fraud within the banking industry has grown into an increasingly pressing issue, marked by a noticeable surge in both the frequency and financial impact. The Global Banking Fraud Survey reveals that more than half of respondents reported a significant upswing in both the scale and occurrence of fraudulent cases Another study...

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