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Apple touts $2 billion in App Retailer fraud prevented final 12 months amid rumors of third-party app shops on iPhone


Apple is out with a new press launch right this moment touting the success of the App Retailer’s potential to stop fraud. Based on the corporate, the App Retailer prevented greater than $2 billion in “probably fraudulent transactions” in 2022, terminated 428,000 developer accounts for fraud, and extra.

Listed here are the headlining stats from Apple’s press launch right this moment:

  • 428,000 developer accounts terminated for probably fraudulent exercise
  • 105 million fraudulent developer account creations blocked
  • 282 million fraudulent buyer accounts had been deactivated; 198 million tried fraudulent new accounts had been blocked earlier than they may even be created
  • Protected customers from almost 57,000 untrustworthy apps from illegitimate storefronts
  • Almost 400,000 app submissions rejected for privateness violations
  • Over 153,000 app submissions rejected for spam, copycats, or deceptive customers
  • Almost 29,000 app submissions rejected for holding hidden or undocumented options
  • Almost 1.7 million app submissions had been rejected from the App Retailer for varied causes, together with issues associated to fraud and privateness
  • Almost 3.9 million stolen bank cards blocked from getting used
  • 714,000 accounts banned from transacting once more

All through right this moment’s press launch, Apple explains that its varied safety measures, together with App Retailer overview, are what helped it stop this $2 billion in fraudulent transactions. The corporate additionally factors to its “Report a Downside” instrument as a method it is ready to take quick motion to research and take away fraudulent and malicious apps.

Through the years, Apple has launched varied measures to help an ecosystem that advantages each customers and builders. Consequently, the App Retailer has develop into a vibrant and revolutionary platform that pulls over 650 million common weekly guests worldwide, whereas offering greater than 36 million registered Apple builders with a world distribution platform that helps greater than 195 native cost strategies and 44 currencies.

Right this moment, Apple introduced that in 2022, the App Retailer prevented over $2 billion in probably fraudulent transactions, and rejected almost 1.7 million app submissions for failing to satisfy the App Retailer’s excessive requirements for privateness, safety, and content material.

Regardless of Apple’s efforts, there are nonetheless a quantity of rip-off and copycat apps that slip by means of the App Retailer cracks. In some instances, these apps attain the highest of the App Retailer charts and generate thousands and thousands in income earlier than they’re caught.

Apple’s press launch, after all, comes because it continues to combat antitrust laws all over the world that will require it to open the iPhone as much as third-party app shops and sideloading. For example, Apple will reportedly open the iPhone to third-party app shops and side-loading within the European Union as a part of iOS 17 this fall. This is available in response to the Digital Markets Act, which implements quite a lot of new necessities on platform operators similar to Apple.

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