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The App Store prevented fraudulent transactions totalling more than $2 billion in 2022: Apple

Nearly 1.7 million app submissions for failing to meet the App Store’s high standards for privacy, security, and content.

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Apple today revealed that last year in 2022, App Store managed to stop over $2 billion in transactions that could have been fraudulent. According to the company it had rejected approximately 1.7 million app submissions for not upholding the App Store’s strict standards for content, privacy, and security.

Apple has been working on improving to continuously monitor and detect account fraud quickly. Apple terminated more than 802,000 developer accounts in 2021 due to allegedly fraudulent conduct. Thanks in part to new techniques and protocols that enable the App Store to stop the establishment of possibly fake accounts, that number fell to 428,000 in 2022. Additionally, nearly 105 million Apple Developer Program enrolments were rejected for suspected fraudulent activities, preventing these bad actors from submitting apps to the App Store.

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Apparently, Apple in 2022, protected customers from about 57,000 fraudulent apps from unauthorised stores that lacked the same built-in privacy and security safeguards as the App Store. These unlicensed markets are alleged to offer hazardous software that can copy or modify well-known apps without the developers’ permission. Apple also claimed to have stopped nearly 3.9 million attempts to install or run apps distributed illicitly through the Developer Enterprise Program, which allows large organisations to deploy internal apps for use by employees.

Also Read: Apple announced new features for cognitive, speech, and vision accessibility

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Last year, Apple also Apple disabled over 282 million consumer accounts linked to fraudulent and abusive behaviour as part of its efforts to combat fake customer accounts. Additionally, 198 million attempted fraudulent new accounts were blocked before they could even be created.

Nearly 1.7 million app submissions were declined from the App Store in 2022 for various reasons, including concerns related to fraud and privacy. App Review discovered numerous apps that might potentially steal users’ login information from third-party services by employing malicious code. According to Apple App Review team identified several apps that disguised themselves as innocuous financial management platforms but had the capability to morph into another app. Nearly 24,000 apps claimed to be blocked or removed from the App Store for bait-and-switch violations such as these in 2022. More than 153,000 app submissions rejected from the App Store last year were found to be spam, copycats, or misleading, and nearly 29,000 submissions were rejected for containing hidden or undocumented features.

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In 2023 Apple was also able to block blocked nearly 3.9 million stolen credit cards from being used to make fraudulent purchases and banned 714,000 accounts from transacting again. In total, Apple blocked $2.09 billion in fraudulent transactions on the App Store in 2022.

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Komila Singh
Komila Singhhttp://www.gadgetbridge.com
Komila is one of the most spirited tech writers at Gadget Bridge. Always up for a new challenge, she is an expert at dissecting technology and getting to its core. She loves to tinker with new mobile phones, tablets and headphones.
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