On its App Store, Apple stopped fraudulent transactions totaling $2 billion.


Users and developers can feel secure and confident using Apple's App Store. Apple stopped almost $2 billion worth of fraudulent App Store transactions in 2021. In addition, the corporation terminated 282 million user accounts and 428,000 developer accounts in response to abuse and fraudulent activity. Additionally, it stopped 57,000 unlawful marketplace apps that were a safety risk and stopped 105 million suspicious developer enrollments.


The App Store review procedure, among other security measures implemented by Apple, was crucial in stopping fraudulent transactions. "We protected users from nearly 57,000 untrustworthy apps from illegitimate storefronts, which do not have the same built-in privacy and security protections as the App Store," the business stated in a statement about its accomplishments last year. Apple stated that malicious software that can mimic well-known apps or change them without the authors' permission is distributed through "unauthorized marketplaces."

Both during development and after uploading an app to the App Store Connect, Apple verifies compliance and security. Ninety percent of the over 100,000 app applications are examined in less than a day. 29,000 apps with hidden features and 400,000 apps with privacy concerns were rejected in 2022. Apps that used bait and switch tactics were either eliminated or blocked. Apple disapproves of applications that access user data without authorization, are deceptive, spam, and copycats.

The business highlighted the safety of its payment solutions, such as Apple Pay and StoreKit, which enabled it to stop about 3.9 million credit cards from being used fraudulently. It also made it impossible for 714,000 accounts to conduct transactions.

Apple stopped the creation of 198 million phony accounts and deleted over 428,000 developer accounts. Moreover, the business disabled over 282 million accounts that were connected to fraudulent activity.

Comments