Apple Says the App Store Protected Customers from Over $1.5

Apple Says the App Store Protected Customers from Over $1.5 Billion in Potential Fraud


Apple on Tuesday announced details on how it keeps the App Store a safe place for its customers, highlighting how the digital marketplace has “stopped more than $1.5 billion in potentially fraudulent transactions in 2020.”
The iPhone maker says since the App Store has launched, fraud has grown in scale and sophistication, and the company has matched threats with “relentless steps forward”.
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“It takes significant resources behind the scenes to ensure these bad actors can’t exploit users’ most sensitive information, from location to payment details,” explained Apple in a press release.
“While it’s impossible to catch every act of fraud or ill intent before it happens, thanks to Apple’s industry-leading antifraud efforts, security experts agree the App Store is the safest place to find and download apps,” says the company.

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