Apple’s App Store is a fortress; over $2 bn in fraudulent transactions in 2022 [details]

Apple has introduced that its App Store prevented over $2.09 billion in probably fraudulent transactions in 2022, blocking practically 3.9 million stolen bank cards from getting used to make purchases, and banned 7,14,000 accounts from transacting once more.

“Today, Apple introduced that in 2022, the App Store prevented over $2 billion in probably fraudulent transactions, and rejected practically 1.7 million app submissions for failing to satisfy the App Store’s excessive requirements for privateness, safety, and content material,” Apple stated on Tuesday.

Among these 1.7 million apps, 4,00,000 have been rejected for violating privateness, 1,53,000 have been rejected for spam and copying current apps, and 29,000 have been rejected for together with hidden or undocumented options.

Nearly 24,000 apps have been blocked or faraway from the App Store for bait-and-switch violations similar to these in 2022.

Moreover, the tech large stated about 4,28,000 developer accounts have been terminated for probably fraudulent exercise, and 105 million fraudulent developer account creations have been blocked.

Appleadditionally deactivated 282 million fraudulent buyer accounts and prevented the creation of one other 198 million.

Last 12 months, App Review took motion to stop practically 84,000 probably fraudulent apps from reaching customers on the App Store.

In 2022, with over 1 billion scores and evaluations processed, Appleblocked and eliminated greater than 147 million scores and evaluations for failing to satisfy moderation requirements, the corporate talked about.