Apple shielded its customers from potentially fraudulent App Store transactions

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Apple shielded its customers from potentially fraudulent App Store transactions
03 Jun 2022
5 min read

News Synopsis

According to Apple, it prevented customers from more than $1.5 billion in potentially fraudulent App Store transactions in 2021. This averted attempted theft of App Store users' money, information, and time, as well as the distribution of almost a million problematic new programmes.

Apple announced late Wednesday that it had prevented over 1.6 million hazardous and vulnerable apps and app updates from scamming users. Apple said, "Bad actors continue to evolve their methods of online fraud, often making their schemes harder to recognise. That is why Apple has continued to refine its processes, create new ones, and engineer solutions to take on these threats."

Apple cancelled nearly 170 million customer accounts related with fraudulent and abusive behaviour in 2021.

"In 2021 alone, as a result of a combination of technology and human review, more than 3.3 million stolen cards were prevented from being used to make potentially fraudulent purchases, and nearly 600,000 accounts were banned from transacting again," Apple informed. In 2021, App Review helped over 107,000 new developers get their apps onto the store.

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