Apple Says Its Move To Reject Suspicious Apps Saved It From Scams Worth $2 Billion On The App Store

Tech giant Apple says it stands by its calls to reject any platform deemed suspicious.

Therefore, by doing so, they’re now revealing how the firm managed to save itself from frauds worth a staggering $2 billion across the App Store.

The Cupertino-based company mentioned how scams and fraudulent behavior are very common but to steer clear of them means making some tough decisions in life and this might be one of those.

Now, they’re hoping to reject more such apps through its App Store to ensure it's free from such endeavors. Remember, the app store was first launched in the year 2008 and that’s when it first started to gain a massive fan following of 650 million visitors on a weekly basis from all around the world.

Moreover, it has similarly turned into a platform that has nearly 36 million developers that are registered and are providing great contributions. This includes support to nearly 195 local means for payments and even facilitating transactions from nearly 44 different types of currencies.

The tech firm revealed on Tuesday how its App Store was doing great in terms of preventing fraudulent actions that cost more than $2 billion. And that’s not all. They even opted to reject around 1.7 million submissions for all kinds of platforms as they failed to meet the privacy and content regulations.

This includes frauds linked to finance where it had to face a staggering 4 million cases linked to credit card scams. Hackers were able to gain access to accounts and extract sensitive details like credit card information. They were then seen carrying out fraud-related purchases.

In the same way, it even had 714,000 accounts banned that were restricted from making any further transactions.

All across the year 2022, Apple says it worked round the clock to keep its clients protected from such scams and ended up blocking 57,000 apps deemed untrustworthy through plenty of storefronts that were not authorized. Such common examples included sources that impersonated some leading apps and modified them without any type of permission from the original developers.

Within the past month, we saw tech giant Apple intercept and stop around 4 million tries to download apps provided through a developer program. The latter is the name given to huge institutes that put out apps that are to be used exclusively by internal employees only.

Meanwhile, the tech giant says it ended up deactivating more than 282 million client accounts last year that had to do with abusive actions. They also stopped the attempt of creating more than 198 million fraud accounts before it was even given the chance to get established.

As a part of this announcement, the company adds how Apple chose to repeat its review process and make some serious checks for privacy and security to ensure things were on track. And this includes further checks, even after a certain developer puts out apps to ensure they’re not making any private APIs public.

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