Apple Blocks Over $7 Billion in Fraudulent App Store Transactions
From 2020 to 2023, Apple's stringent measures prevented billions in fraud, terminated millions of accounts, and rejected numerous app submissions.
- Apple's App Store blocked more than $7 billion in potentially fraudulent transactions over four years.
- In 2023 alone, over $1.8 billion in fraudulent transactions were prevented.
- Apple terminated nearly 374 million developer and customer accounts for fraud and abuse.
- The company rejected more than 1.7 million app submissions in 2023 for privacy, security, and content violations.
- Over 14 million stolen credit cards were blocked from being used on the platform.