Apple App Store Blocks Over $1.5 Billion in Fraud Transactions, Removes Nearly a Million Risky New Apps in 2020

Let’s take a look at more details on how the Apple App Store prevented fraud transactions in 2020.

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Apple on Tuesday announced that it has prevented fraudulent transactions worth USD 1.5 billion on the App Store in 2020. The company used a combination of various in-house tools, including automated technologies and human review processes to do so. The company made the announcement amid its court case versus Epic Games. The iPhone-maker said that secure payment technologies like Apple Pay and StoreKit used for in-app purchases help prevent such frauds online. It further revealed that the company removed nearly 1 million problematic new apps in 2020. This is in addition to the 1 million app updates that were rejected or removed from the App Store. Let’s take a look at more details on how the Apple App Store prevented fraud transactions in 2020.

Apple App Store removed over 1 million problematic apps, saved users from fraudulent transactions worth $1.5 billion.

Apple announced that it protected customers from more than $1.5 billion in potentially fraudulent transactions, preventing the attempted theft of their money and information.

The company claims that it used a combination of automated technologies and human review processes to do so. Further, secure payment technologies like Apple Pay and StoreKit prevented more than 3 million stolen cards from being used to purchase stolen goods and services.

The company shared more details and statistics that highlight the security and privacy of the App Store. The company claims that it removed nearly 1 million problematic new apps in 2020. This is in addition to the 1 million app updates that were rejected or removed from the App Store. Furthermore, more than 48,000 apps were rejected for containing hidden or undocumented features. Over 1.5 lakh apps were also rejected because they were found to be spam, copycats, or misleading to users.

Apple also revealed that its App Review team rejected over 2,15,000 apps for privacy violations. It terminated 470,000 developer accounts in 2020 and rejected an additional 205,000 developer enrolments over fraud concerns, preventing these bad actors from ever submitting an app to the store.

Users who come across any problematic app behaviour can report on the App Store or call Apple Support.

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