ISO publishes new standard for product fraud risk and countermeasures
The International Organization for Standardization has published a new standard: ISO 22380:2018 - Security and resilience - Authenticity, integrity and trust for products and documents – General principles for product fraud risk and countermeasures.
The document establishes general principles for an organization to identify the risks related to various types of product fraud and product fraudsters. It provides guidance on how organizations can establish strategic, business countermeasures to prevent or reduce any harm, tangible or intangible loss and cost from such fraudulent attacks in a cost-effective manner.
The standard is applicable to all organizations regardless of type, size or nature, whether private or public sector. The guidance can be adapted to the needs, objectives, resources and constraints of the organization.
Prof. Hyeonho Park (Korea), project leader and responsible for developing ISO 22380 explains.
"There is evidence that virtually every type of product fraud has been committed, including counterfeiting of infant formula, prescription drugs, food, consumer goods and aftermarket parts for automobile, aircraft and nuclear power plants. A large number of individual or organized criminal groups who are committing product fraud with diverse motivations such as financial gain are threatening global public health and safety. The public health and safety risks associated with product fraud are diverse when the products are distributed through legitimate global supply chain.
This standard starts with understanding the external and internal context of product fraud, such as product marketplaces together with product fraud-related opportunity as the causes of the fraud. This is followed by the intention and motive of product fraud, types of product fraud, types of product fraudsters and strategic countermeasures against product fraud.
The product fraud countermeasures are carried out by understanding basic element of the countermeasures and are composed of profiling product fraud, risk assessment, and selection / implementation of bespoke countermeasures. "
ISO 22380:2018 - Security and resilience - Authenticity, integrity and trust for products and documents - General principles for product fraud risk and countermeasures is available from ISO national member institutes. It may also be obtained directly from the ISO Central Secretariat .