Source:https:\/\/techcrunch.com\/2023\/05\/16\/apple-app-store-prevented-over-2-billion-fraudulent-transactions-last-year\/<\/a><\/br>
\nApple says its App Store prevented over $2B in fraudulent transactions last year<\/br>
\n2023-05-17 22:37:22<\/br><\/p>\n

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Apple\u2019s App Store prevented over $2 billion in potentially fraudulent transactions last year, the tech giant touted in a press release<\/a> on Tuesday. The company says it rejected nearly 1.7 million app submissions in 2022 for failing to meet the App Store\u2019s standards for privacy and security.<\/p>\n

The press release comes as Apple faces a continued push to open up iPhones and iPads to third-party app stores. Last year, the European Union passed the Digital Markets Act<\/a> that will go into effect in 2024 and force Big Tech companies to allow alternative app stores on their platforms, giving developers a choice in app distribution and users the ability to download apps from different sources.<\/p>\n

After the European Union passed the Digital Markets Act, Bloomberg<\/a> reported that Apple was preparing to allow alternative app stores on its iPhones and iPads to comply with the upcoming requirements. The company is reportedly going to launch the changes as part of the release of iOS 17 this year.<\/p>\n

Apple has long argued<\/a> that sideloading, which refers to the process of installing an app on a phone or tablet without using the device\u2019s official App Store, would expose users to security risks. The idea of sideloading and App Store fees have also been the center of focus in Apple\u2019s lengthy feud with Epic<\/a>. Apple has pressed U.S. lawmakers<\/a> on the dangers of sideloading, arguing that it keeps tight control of the apps in its App Store in order to keep users safe.<\/p>\n

Throughout today\u2019s press release, Apple reiterates that its protection measures, including the App Store review process, are what helped it prevent fraudulent transactions.\u00a0The company notes that last year it \u201cprotected users from nearly 57,000 untrustworthy apps from illegitimate storefronts, which do not have the same built-in privacy and security protections as the App Store.\u201d The statement essentially reiterates the tech giant\u2019s stance on third-party app stores. Apple goes on to note that \u201cunauthorized marketplaces distribute harmful software that can imitate popular apps or alter them without the consent of their developers.\u201d<\/span><\/p>\n

Despite Apple\u2019s efforts, it\u2019s worth noting that Apple\u2019s app review process is hardly perfect and does not guarantee that iOS users are always protected from\u00a0scams and fraud<\/a>\u00a0or even from\u00a0malware inside the App Store<\/a>.<\/p>\n

In the press release, Apple also touted the security of its payment technologies like StoreKit and Apple Pay, noting that it blocked nearly 3.9 million stolen credit cards from being used to make fraudulent purchases and banned 714,000 accounts from transacting again.<\/p>\n

The company also outlined that it performs a number of safety checks on every app before it makes its way onto the App Store in order to protect users. Last year, the company rejected nearly 1.7 million app submissions for various reasons, including concerns related to fraud and privacy. Almost 24,000 apps were blocked or removed from the App Store for bait-and-switch violations.<\/p>\n

More than 153,000 app submissions rejected from the App Store last year were found to be spam, copycats, or misleading, the company says. In addition, nearly 29,000 submissions were rejected for containing hidden or undocumented features. More than 400,000 app submissions were rejected for privacy violations, the company says.<\/p>\n

The press release goes on to note that Apple terminated over 428,000 developer accounts for potentially fraudulent activity last year. It also rejected nearly 105 million Apple Developer Program enrollments for suspected fraudulent activities. In addition, Apple disabled over 282 million customer accounts associated with fraudulent and abusive activity, and 198 million attempted fraudulent new accounts were blocked before they could even be created.<\/p>\n

As Apple faces continued pressure to open up iPhones and iPads to third-party app stores, the company is essentially using today\u2019s press release to tout the security of its App Store and payment technologies as a way of reiterating its stance on sideloading<\/a> and third-party app stores.<\/p>\n<\/p><\/div>\n

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Science, Tech, Technology<\/br>
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\nSource:https:\/\/techcrunch.com\/2023\/05\/16\/apple-app-store-prevented-over-2-billion-fraudulent-transactions-last-year\/<\/a><\/br><\/br><\/p>\n","protected":false},"excerpt":{"rendered":"

Source:https:\/\/techcrunch.com\/2023\/05\/16\/apple-app-store-prevented-over-2-billion-fraudulent-transactions-last-year\/ Apple says its App Store prevented over $2B in fraudulent transactions last year 2023-05-17 22:37:22 Apple\u2019s App Store prevented over $2 billion in potentially fraudulent transactions last year, the tech giant touted in a press release on Tuesday. The company says it rejected nearly 1.7 million app submissions in 2022 for failing to meet […]<\/p>\n","protected":false},"author":1,"featured_media":32578,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"pagelayer_contact_templates":[],"_pagelayer_content":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[26,17,8],"tags":[],"class_list":["post-32577","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-science","category-tech","category-technology"],"yoast_head":"\n