Apple Blocks $9 Billion in Fraud Over 5 Years Amid Rising App Store Threats
Apple on Tuesday revealed that it prevented over $9 billion in fraudulent transactions in the last five years, including more than $2 billion in 2024 alone. The company said the App Store is confronted by a wide range of threats that seek to defraud users in various ways, ranging from "deceptive apps designed to steal personal information to fraudulent payment schemes that attempt to exploit
Apple on Tuesday revealed that it prevented over $9 billion in fraudulent transactions in the last five years, including more than $2 billion in 2024 alone.
The company said the App Store is confronted by a wide range of threats that seek to defraud users in various ways, ranging from "deceptive apps designed to steal personal information to fraudulent payment schemes that attempt to exploit
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