Tag: Apple App store

Fake Leather wallet app on Apple App Store is a crypto drainer
News

Fake Leather wallet app on Apple App Store is a crypto drainer

The creators of the cryptocurrency wallet Leather have alerted Apple software Store users to a phony software that they claim is a wallet drainer that has stolen their digital coins. Wallet drainers are malicious scripts or applications that deceive users into entering their passphrases or carrying out nefarious transactions, so providing attackers with the ability to withdraw all digital assets from users' wallets, including cryptocurrencies and NFTs. During the past year, wallet drainers, also known as cryptocurrency drainers, have grown more frequent. Threat actors have been known to hack popular social media accounts to spread malicious phishing websites or to place advertisements that direct users to websites that trick them into entering their wallet recovery phase. Threat ...
Apple Thwarts $2 Billion in App Store Fraud Rejects 1.7 Million App Submissions
News

Apple Thwarts $2 Billion in App Store Fraud Rejects 1.7 Million App Submissions

Apple reported that in 2022, it stopped over $2 billion in transactions that could have been fraudulent and rejected almost 1.7 million app submissions for privacy and security concerns. The computer behemoth claimed to have deleted 282 million phoney customer accounts and terminated 428,000 developer accounts due to alleged fraudulent activities. It added that it prevented the formation of 198 million attempted fraudulent new accounts. In comparison, it is predicted that Apple will have terminated 802,000 developer accounts in 2021. The decrease was attributed by the business to new App Store "methods and protocols" that forbid the initial establishment of such accounts read more Apple Thwarts $2 Billion in App Store Fraud, Rejects 1.7 Million App Submissions. With ReconBee.com ...