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Scrape Timestamp (UTC): 2025-05-28 06:13:31.690

Source: https://thehackernews.com/2025/05/apple-blocks-9-billion-in-fraud-over-5.html

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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 users." The tech giant said it terminated more than 46,000 developer accounts over fraud concerns and rejected an additional 139,000 developer enrollment as part of efforts to prevent bad actors from submitting their apps to the App Store. Furthermore, the company said it rejected over 711 million customer account creations and deactivated nearly 129 million customer accounts last year with an aim to block these accounts from conducting nefarious activity, such as spamming or manipulating ratings and reviews, charts, and search results that could compromise the integrity of the App Store. Some of the other noteworthy statistics shared by Apple for 2024 are listed below - In comparison, Apple said it prevented more than $1.8 billion in potentially fraudulent transactions in 2023 and over $2 billion in potentially fraudulent transactions in 2022. In 2023, Apple terminated close to 118,000 developer accounts. The disclosure follows a similar report from Google earlier this year that it blocked over 2.36 million policy-violating Android apps from being published to the Google Play app marketplace in 2024 and banned more than 158,000 bad developer accounts that attempted to publish such harmful apps. Apple's annual App Store fraud analysis also comes at a time when the company is facing increasing scrutiny over its App Store policies. A recent ruling in the United States ordered the iPhone maker to allow iOS apps to show links or buttons that direct customers to make purchases outside of the ‌App Store.

Daily Brief Summary

CYBERCRIME // Apple Thwarts $9 Billion in App Store Fraud Over Five Years

Apple has blocked over $9 billion in fraudulent transactions within the past five years to protect App Store users.

In 2024 alone, Apple prevented fraudulent activities amounting to more than $2 billion.

The tech giant has terminated around 46,000 developer accounts and rejected 139,000 developer enrollments due to security concerns.

Apple also rejected approximately 711 million customer account creations and disabled nearly 129 million accounts to combat spam and manipulation of App Store operations.

This extensive vigilance is in response to various threats, ranging from deceptive apps that capture personal data to fraudulent payment processes targeting users.

This crackdown on fraud comes as Apple faces heightened scrutiny and legal challenges regarding its App Store policies, including a recent U.S. ruling impacting in-app purchase directions.

Concurrently, Google also reported blocking millions of policy-violating apps and banning numerous developer accounts in efforts to safeguard its users on the Google Play store.