Apple Said Its App Store Blocked $1.5 Billion Worth Of Fraudulent Transactions And 1.6 Million Risky Apps

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**Apple said that its app store security mechanism prevented nearly $1.5 billion of potential fraudulent transactions and kept 1.6 million "problematic applications" away from customers** The report released on Wednesday is a follow-up report to the previous fraud prevention analysis report issued by the company in 2021. According to the two reports, apple blocked the same amount of fraudulent transactions in 2020 and 2021 - $1.5 billion.

At the same time, Apple has also successfully cracked down on various problematic applications, blocking 1million and 1.6 million in 2020 and 2021, respectively.

Throughout 2021, apple said it found and stopped more than 94million false comments and 170million ratings because it "failed to meet the audit criteria". It also deleted another 610000 invalid comments found through customer reports or manual evaluations.

Apple also terminated 802000 developer accounts for fraud and rejected 153000 accounts for similar reasons. It also blocked 63500 illegal applications suspected of piracy and infringement.

"Apple's efforts to prevent and reduce fraud on the app store require continuous monitoring and vigilance by multiple teams," Apple wrote. "From application review to fraud detection, apple is constantly committed to protecting users from fraudulent application activities, which proves once again why independent and respected security experts say that the app store is the safest place to find and download applications."

In addition to the latest figures, the report also re emphasizes the kind of protection measures Apple uses to protect app store customers. This includes app store review, payment and credit card protection, and anti account fraud mechanisms.

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