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Apple’s App Store Blocked Fraud Transactions Worth $1.5 Billion, Stopped Over 1.6 Million Risky Apps in 2021

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June 3rd, 2022
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June 3rd, 2022

Apple on Wednesday announced that App Store helped to stop more than $1.5 billion (roughly Rs. 11,021 crores) in potentially fraudulent transactions in 2021. The company claimed to have prevented over 1.6 million risky and vulnerable apps and app updates from defrauding users last year.

Apple on Wednesday acknowledged its strict App Store policies saying that it blocked potentially fraudulent transactions worth around $1.5 billion (roughly Rs. 11,021 crore) last year. The Cupertino giant claimed that it wiped out over 1.6 million risky and vulnerable apps and app updates from defrauding users. In 2021, with the App Review process, apps from more than 107,000 new developers landed on the store. Apple rejected 34,000 apps for privacy violations, while 157,000 apps were rejected for being described as copycats or misleading users to make in-app purchases. The new announcement by the company comes at a time when the iPhone maker is facing scrutiny across the globe over its tight measures on the App Store.

In a new post on its newsroom site, Apple detailed the efforts taken by the App Store throughout 2021 to prevent potentially fraudulent transactions on the platform. As per the report, Apple has blocked fraudulent transactions worth around $1.5 billion (roughly Rs. 11,021 crore) on the App Store and blocked over 1.6 million risky and vulnerable apps and app updates from defrauding users through the course of last year. The company affirmed that it used various measures including an App Review process that leverages machine learning and heuristics to discover and prevent frauds.

Apple’s multilayers App Review process was used to extract details about the apps’ potential issues and violations. Under this process, every app and update were cross-checked to ensure that they follow the App Store’s guidelines related to privacy, security, and spam. Apple claims that more than 107,000 new developers get their apps onto the store with App Review last year. Also, 835,000 apps and 805,000 app updates that are found to be problematic were banned. Developers of banned apps can file an appeal to the App Review Board.

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