Apple’s Fraud Bust: $9 Billion Saved from App Store Scammers!
Apple’s App Store has been busy playing bouncer, blocking over $9 billion in fraudulent transactions in five years. In 2024 alone, they foiled $2 billion worth of scams, terminated 46,000 shady developer accounts, and rejected 1.9 million app submissions. The App Store is clearly a tough nightclub to sneak into!
Hot Take:
Apple’s protecting us like a knight in shining armor, but instead of a sword, they’ve got a really big calculator to count all the billions they’re saving us from fraudsters. Move over, Robin Hood; here comes Tim Cook!
Key Points:
- Apple thwarted over $9 billion in fraudulent transactions in five years, including $2 billion in 2024 alone.
- The App Store battles deceptive apps and fraudulent payment schemes to protect users.
- Apple terminated over 46,000 developer accounts and rejected 139,000 developer enrollments due to fraud concerns.
- In 2024, Apple blocked more than 10,000 illegitimate apps and rejected over 1.9 million App Store submissions for various violations.
- Apple removed over 143 million fraudulent ratings and reviews from the App Store, among other anti-fraud measures.
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