Optical foils remain a prominent core security component across high value documents and in authenticating products. But counterfeiters are becoming more sophisticated.
From 300 plus denominations of banknotes to financial cards, driving licenses, and passports, optically variable devices (OVDs) remain a dominant form of authentication feature. ICAO, The International Civil Aviation Organization, even recommends an OVD to protect passport biodata pages. Secure optical foils are also widely adopted by brands to help consumers and authorities authenticate products and combat counterfeiting.
eCommerce exacerbates counterfeit, with UK ticket scams soaring by over 500% since March in 2022 as the world moves to digital ticketing.
Even as identification data, certificates, and tickets become increasingly digital, physical documents often retain an important role. These may themselves include digital methods of verification and basic validation, such as QR codes on tickets. But the risk of replication, fraud, unauthorized resale, and user confusion increases significantly without a strong optical security feature. In the UK alone, almost £7 million was lost to ticket fraud in 2022.