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HP Seizes 4.5m Fake Products

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HP Anti-Counterfeiting and Fraud (ACF) team said it confiscated over 4.5 million fraudulent print products, parts and components, including large numbers of ink and toner cartridges.

HP Seizes 4.5m Fake Products

Glenn Jones, head of HP’s Global Anti-Counterfeiting Programme, said on Thursday, in a statement that the confiscation followed raids across Europe, Middle East and Africa (EMEA) Asia-Pacific and the Americas.

Jones said the seizures took place between November 2019 and October 2020, during a year in which COVID-19 created extraordinary challenges in the battle against fake print supplies around the world.

He said that between government shutdowns, labour shortages and changes in custom control priorities, criminal networks had adjusted their strategies to take advantage of the evolving landscape.

Jones, said the successes by HP’s Anti-Counterfeiting and Fraud team in EMEA included, seizing one million illegitimate print supplies and delisting over 135,000 online offers in the region.

He said it also stopped the potential sale of 54,000 counterfeit toner and ink cartridges in Nigeria, the largest seizure in EMEA in 2020, issuing over 500 ACF guidance kits to help HP staff, partners and customers combat fakes.

He said the company’s evolving track and trace technologies to fight against sales of illicit print supplies Toner cartridges, continued to be the highest counterfeit item, accounting for over 75 per cent of the seizure.

According to him, e-commerce has become intensely exploited as consumers and businesses turn to online shopping.

‘’HP’s ACF team had to quickly adapt to find new ways to protect its customers from these illicit e-traders – leading to 224,000 de-listings of counterfeit cartridges from online marketplaces.

‘’Throughout 2020, the HP ACF team worked closely with its customers and channel partners to carry out over 1,700 Customer Delivery Inspections (CDIs) and Channel Partner Protection Audits (CPPAs) across all regions.

‘’Conducted in a COVID-19 safe and secure way, these ensured customers continued to receive authentic HP print supply products.,’’ he said.

He added that the team continued to train and educate partners on anti-counterfeiting, through online events, reaching more than 6,700 stakeholders, partners and customers from around the world.

Jones said the online marketplace was already becoming increasingly more important with restrictions on physical retail locations, due to the pandemic, more people were turning to buying and selling online.

He said including bad actors who could hide behind the veil of secrecy that the Internet provided, now more than ever, technology played an important role in identifying and stopping counterfeiters.

From continued investments in online monitoring tools, the utilisation of big data in discovering fakes and improvements in our track and trace technology, HP continues to innovate new ways to protect our customers, Jones said.

He said that as pandemic restrictions were lifted and employees returned to the office, IT decision makers must remain vigilant and wary of cheap office products flooding the market that could be fakes.

Jones said that there must be a shared responsibility between brands, service providers and e-commerce platforms, to ensure that the products being sold were legitimate.

According to him, by working closely with our channel partners and distributors, we can reduce the instances of counterfeit products reaching the customer.

Jones said that counterfeiting remained a crime, for users, such illegal imitations could cause a multitude of problems that could result in performance and reliability issues.

He said that should a printer break because of using counterfeit printer ink or toner, the manufacturer’s warranty might become invalid, while in contrast, original HP products were designed to meet HP’s strict quality and reliability standards, based on a long history of innovation, research and testing.

Similarly, original HP LaserJet and HP inkjet cartridges, unlike counterfeits, benefit from outstanding performance and consistent results, he further said.


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E-Business

Cybersecurity Firm Uncovers Scams Targeting Olympic Games Fans

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The first in-person Summer Olympics since the lifting of pandemic restrictions is set to begin on July 26, attracting millions of sports enthusiasts.

Kaspersky experts have noted a surge in scamming activity surrounding the event, with fraudsters targeting users’ money and data.

To understand how scammers are exploiting viewers’ interest, Kaspersky experts analysed Olympic-related phishing websites and identified the main schemes currently in use.

Fake Tickets

With the Olympic Committee warning of fake ticket offers and news of a UK swimmer’s family being scammed out of £2,500 while attempting to purchase tickets for the Paris Olympics, Kaspersky’s telemetry confirms that fraudsters are actively crafting phishing websites.

These sites offer tickets for Olympic competitions at exclusive prices or claim to have seats for sold-out events. This well-tested yet effective fraudulent scheme has resurfaced during many Olympic seasons, and Kaspersky’s experts expect such websites to proliferate during Paris 2024 events.

In this scenario, users fill out a data form and transfer both their personal information and money to scammers. As a result, they may receive invalid tickets or, more likely, nothing at all, leading to financial loss and their data being sold on Dark Web forums.

Fake Corporate Giveaways

Many organisations host giveaways for their employees, partners, and customers during major events. Recently, Kaspersky experts uncovered a fraudulent page impersonating a French bank, falsely promising a chance to win event tickets.

Employees are enticed to fill out a form with personal details, including their Internet account login credentials and passwords. This allows fraudsters to infiltrate victims’ corporate resources and potentially spread malicious content further.

Fake Merch Stores

Kaspersky experts have also discovered fraudulent online stores selling merchandise such as shirts, uniforms, accessories, and more. Needless to say, those who were enticed by these offers never received the items they ordered.

Special Cell Phone Plans

Fraudsters have set up phishing websites offering a free 48 GB data package for all networks. These sites entice users to provide personal information, such as phone numbers and payment details, under the guise of activating the data package.

Once submitted, this information is harvested for malicious purposes, leading to potential financial loss and privacy breaches.

“During major events like the Olympics, the sheer volume of offers can be overwhelming and deceptive,” says Anton Yatsenko, security expert at Kaspersky. “Scammers prey on the excitement and urgency people feel, making it crucial to approach every offer with a healthy dose of scepticism.

Remember, if something seems too good to be true, it probably is. Take the time to verify the authenticity of offers and protect your personal information. Your vigilance can be the difference between enjoying the event and falling victim to a scam.”


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Nigeria inflation rate hits 34.19%

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Nigeria’s annual inflation rate increased for the fifth consecutive month to 34.19 per cent as Nigerians battle with high living crisis.

According to the National Bureau of Statistics (NBS), released on Monday, the June figure is 0.24 per cent higher than the 33.95 per cent recorded in May. The lowest figure in 2024 was 29.90 per cent, recorded in January.

On a year-on-year basis, the headline inflation rate was 11.40 per cent points higher compared to the rate recorded in June 2023, which was 22.79 per cent.

“This shows that the headline inflation rate (year-on-year basis) increased in the month of June 2024 when compared to the same month in the preceding year (i.e. June 2023),” the NBS said.

NBS said on a month-on-month basis, the headline inflation rate in June 2024 was 2.31 per cent, which was 0.17 per cent higher than the rate recorded in May 2024 (2.14 per cent) meaning that in the month of June 2024, the rate of increase in the average price level is higher than the rate of increase in the average price level in May 2024.

According to the NBS, the food inflation rate in June 2024 rose 40.87 per cent on a year-on-year basis, which was 15.62 per cent points higher compared to the rate recorded in June 2023 (25.25 per cent).


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Konga, CeraVe Ink MoU for Exclusive Launch of L’Oreal Product in Nigeria

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At long last, relief is here for the skincare enthusiasts in Nigeria! Konga Health, Nigeria’s premier digital healthcare distribution company, has sealed an exclusive partnership with CeraVe, a leading global skincare brand under the L’Oréal umbrella, to launch its product in the country. L’Oréal is the world leader in beauty: makeup, cosmetics, haircare and perfume in terms of quality, efficacy and safety.

Konga Health

Through Konga Health, a technology-driven healthcare solutions company focused on revolutionizing the healthcare value chain and a member of the Konga Group, this exclusive collaboration will debut with the renowned CeraVe line, offering unbeatable prices and free delivery to some locations Nationwide.

This enhanced partnership empowers Konga Health to onboard pharmacists, physicians, and other healthcare providers Nationwide to support the distribution of CeraVe’s product line. This initiative includes opportunities for recruitment, partnerships, and collaboration to ensure that high-quality skincare solutions are accessible to all nationwide.

This strategic alliance ensures that genuine CeraVe products reach Nigerian consumers swiftly and conveniently, leveraging Konga’s extensive e-commerce infrastructure. Concerns about counterfeit items that often plague the beauty and skincare market are now a thing of the past, as Konga becomes CeraVe’s official distributor in Nigeria.

CeraVe now boasts a dedicated official shop-in-shop (SIS) on Konga.com, serving as a one-stop destination for all authentic CeraVe products. Shoppers can directly access top-tier skincare solutions identical to those available globally.

Starting Monday, July 15th, CeraVe’s flagship products, such as the Cerave’s Hydrating Cleanser, Foaming Cleanser, SA Smoothing Cleanser, Fragrance-Free Moisturizer with 3 Essential Ceramides & Hyaluronic Acid, Barrier-Reinforcing Moisturizing Cream, Night Cream with Niacinamide, Exfoliating Salicylic Acid Foot Cream, Retinol Serum, Eye Repair Cream, Facial Moisturizers, Hyaluronic, and Vitamin C Serums, will be readily available on the Konga Health and Konga.com platforms, offering customers a seamless and convenient shopping experience.

Nnenna Emenyonu, Senior Vice President of Konga Health, expressed her excitement about the partnership, stating, “We are thrilled to partner with CeraVe, a brand synonymous with quality and scientific excellence in skincare. This collaboration allows our customers access to top-tier skincare products that are dermatologically tested and proven effective.”

Rabah Deroueche, LID LDB SSA and Business Development Director at L’Oreal, shared similar sentiments, noting, “Our partnership with Konga marks a significant milestone for CeraVe in Nigeria. By leveraging our commitment to quality skincare products and Konga’s platform, CeraVe can reach a wider audience and address the skincare needs of Nigerian consumers. This collaboration ensures Nigerian consumers can easily access our products and experience the benefits of our dermatologist-developed formulations.”

CeraVe has earned its stellar reputation globally through scientifically backed formulations. Developed in close collaboration with dermatologists, CeraVe products meet the highest standards of skincare and are celebrated for using essential ingredients that ensure optimal skin health.

The partnership between Konga and L’Oreal establishes Konga’s standing as a trusted e-commerce platform offering only high-quality products. As the official distributor of CeraVe, Konga is dedicated to maintaining the brand’s integrity by providing shoppers with authentic products that meet their skincare needs.


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