Apple says App Store stopped more than $2 billion in fraudulent transactions in 2022
Apple has revealed today that in 2022, the App Store prevented over $2 billion in potentially fraudulent transactions, and rejected nearly 1.7 million app submissions for failing to meet the App Store privacy, security, and content standards.
In a press release posted on Tuesday, Apple says Apple rooted out 428,000 developer accounts and 282 million customer accounts for fraud and abuse last year, adding that in 2022, the company blocked 105 million fraudulent developer accounts, and 282 million fraudulent customer accounts.
According to the press release, in 2022, Apple protected users from nearly 57,000 untrustworthy apps from illegitimate storefronts, and that in the last 30 days alone, Apple blocked close to 3.9 million attempts to install or launch apps distributed illicitly through the Developer Enterprise Program, which allows large organizations to deploy internal apps for use by employees.
Apple says in 2022, nearly 1.7 million app submissions were rejected from the App Store for various reasons, including concerns related to fraud and privacy. In more than one case this year, App Review caught apps using malicious code with the potential to steal users’ credentials from third-party services. In other instances, the App Review team identified several apps that disguised themselves as innocuous financial management platforms but had the capability to morph into another app. Nearly 24,000 apps were blocked or removed from the App Store for bait-and-switch violations such as these in 2022.
Apple blocked a record $2 billion in fraudulent transactions in 2022, banning 714,000 fraudulent accounts from transacting again.
Last year, Apple blocked nearly 3.9 million stolen credit cards from being used to make fraudulent purchases, and banned 714,000 accounts from transacting again. In total, Apple blocked $2.09 billion in fraudulent transactions on the App Store in 2022.