Since launching the App Store in 2008, Apple has continued to invest in and develop industry-leading technologies designed to provide users with the s

App Store stopped over $7 billion in potentially fraudulent transactions in four years

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2024-05-14 23:00:25

Since launching the App Store in 2008, Apple has continued to invest in and develop industry-leading technologies designed to provide users with the safest and most secure experience for downloading apps, and a vibrant and innovative platform for developers to distribute their software. Today, the App Store stands at the forefront of app distribution, setting the standard for security, reliability, and user experience.

As digital threats have evolved in scope and complexity over the years, Apple has expanded its antifraud initiatives to address these challenges and help protect its users. Every day, teams across Apple monitor and investigate fraudulent activity on the App Store, and utilize sophisticated tools and technologies to weed out bad actors and help strengthen the App Store ecosystem.

From 2020 through 2023, Apple prevented a combined total of over $7 billion in potentially fraudulent transactions, including more than $1.8 billion in 2023 alone. In the same period, Apple blocked over 14 million stolen credit cards and more than 3.3 million accounts from transacting again.

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