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As a brand holder for a small company, it’s easy to get lulled into a false sense of security when it comes to counterfeits and knock-offs. It’s tempting to tell yourself that bad actors are too busy chasing the big corporations to waste their time with smaller organizations.
While that may have been true before, advances in technology and the availability of cheap manufacturing and the emergence of affordable 3-D printers, means anyone can fall victim to IP theft, regardless of size. It’s estimated that the global economy loses over $350 billion dollars in sales to counterfeit goods each year.