The proliferation of counterfeit electronic components poses a significant threat to the integrity and reliability of the global electronics industry. As the counterfeit market expands, it not only compromises the quality and functionality of electronic devices but also jeopardizes consumer safety and inflicts substantial financial losses on manufacturers. This white paper delves into a comprehensive examination of the latest anti-counterfeit technologies, assesses their impact on preventing fraud, and evaluates the challenges faced by stakeholders. Additionally, it aims to serve as a valuable resource for manufacturers, supply chain professionals, and policymakers by offering strategic insights and forward-looking recommendations on combating counterfeiting in the electronics sector.