FrontMatter -- Preface -- Acknowledgment of Reviewers -- Contents -- Summary -- 1 Background and Motivation for the Study -- 2 Understanding Counterfeiting -- 3 Emerging Counterfeiting Technology Threats -- 4 Innovative Counterfeit-Deterrent Features -- 5 Disruptive Feature Platforms -- 6 A Path Forward -- Appendixes -- A Statement of Task and Organization of the Report -- B Features of Current U.S. Banknotes -- C Intermediate-Term Feature Descriptions -- D Long-Term Feature and Feature Platform Descriptions -- E An Example Using a Flow Model for Counterfeiting -- F Biographical Sketches of Committee Members.