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.
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