The Apple App Store stopped more than $7 billion in fraudulent transactions over 4 years

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Although the vast majority of Apple's App Store has remained safe for users over the years, the amount nearly lost to scams may be surprising. Nearly $7 billion would have been lost in fraudulent transactions on the App Store if it weren't for Apple's robust security system that stopped those transactions.

Fraudulent app store
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In 2023 alone, the tech giant rejected more than 1.7 million app requests for failing to meet the App Store's strict privacy, security and content standards. Fake apps that claim to mimic similar payment apps or games Maine Craft They keep charging fees for in-app transactions, and look so similar to the app they're spoofing that it's hard to tell.

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Not to mention Apple's strict review process, which identified apps that were initially misrepresented as benign products — like photo editing software or puzzle games — and which later turned post-review into pirated movie streaming platforms, or illegal gambling apps, Or fraudulent and predatory loan issuers.

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Apps that blatantly copy other apps are also not allowed in the Apple Store, along with those with hidden or undocumented features, and those with problematic content. However, the App Store has opened in recent years, allowing this Emulator applications on the platform In its final step, it continues to review its operations.

As the volume of fraudulent activity increases, one thing is certain: scams never change, but there will always be a developer to combat them.





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