Buyers warned over IT fakes

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Procurement teams have been warned that counterfeit IT products are finding their way into businesses, in a report released last week by audit firm KPMG and the Alliance for Gray Market and Counterfeit Abatement (AGMA).

The report suggests as many as one in 10 IT products sold worldwide may be counterfeit, costing technology manufacturers an estimated $100bn in lost revenue each year. KPMG’s David Eastwood sai...

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