Apple saved users $1.5 billion worth in fraud transactions on App Store in 2020

Since the inception of the Apple App Store in 2008, it has been the most secure platform for mobile device owners in the industry. The Cupertino-based company has set up a robust screening system to check malicious apps entering the iOS and allied ecosystem. And, it continues to improve along with ever-evolving threats in the 21st century.

In the latest instance, Apple has stated that it saved millions of users falling victim to potentially fraudulent transactions worth $1.5 billion in 2020.

The US-based company added that it blocked more than 48,000 app applications, as they came with hidden malicious features. Another 150,000 plus apps were rejected for aping other successful apps and some deemed were misleading in nature. And, another 250,000 plus were blocked for violating user privacy policy.