How Apple blocked $2 billion-plus fraud transactions on App Store

In 2022, Apple prevented more than $2 billion in fraudulent transactions within the App Store. Almost 1.7 million app submissions did not meet App Store’s privacy and security standards last year, leading to their rejection.

In the previous year, it took action against fraudulent activities and abuse by closing down 428,000 developer accounts and 282 million customer accounts. Additionally, it prevented 105 million suspicious developer enrollments and stopped 57,000 unauthorised marketplace apps that posed a safety risk.

In the release, Apple emphasises that its security measures, such as the App Store review process, played a key role in preventing fraudulent transactions.