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Apple touts stopping $1.8b in App Store fraud last year in latest pitch to developers

Apple released new data about anti-fraud measures related to its operation of the iOS App Store, trumpeting a claim that it stopped over $7b in “potentially fraudulent transactions” across the four years between 2020 and 2023. It also said it blocked over 14m stolen credit cards and more than 3.3m accounts from transacting again between 2020 and 2023.

Apple’s App Review team has over 500 staff who Apple said are tasked with evaluating every app submission. “On average, the team reviews approximately 132,500 apps a week, and in 2023, reviewed nearly 6.9M app submissions while helping more than 192,000 developers publish their first app onto the App Store,” it wrote.

Tags

fraud, payments