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Apple saved App Store users from over $7 billion in fraudulent charges over the last three years

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Apple recently revealed how it saved the public from getting ripped off by malicious apps.
Apple announced that from 2020 through 2023 the company blocked more than $7 billion in potentially fraudulent transactions. Last year, the tech giant stopped more than $1.8 billion in suspicious transactions from going through. During the same time period, Apple also prevented more than 14 million stolen credit cards and 3.3 million accounts from conducting transactions with the App Store.
Apple not only shot down attempts to use fraud to pay for purchases in the App Store, it also stopped fraudulent apps from getting listed on the App Store. Last year, over 1.7 million submissions for app listings were rejected by Apple for failing to meet its standards for privacy, security, and content. 248,000 requests for an App Store listing were blocked by Apple because the app was considered to be spam, a copycat app, or was designed to mislead users. 
Apple wouldn’t allow over 38,000 apps to get listed in the App Store because they had “hidden or undocumented features.” And more than 375,000 apps were rejected by Apple due to privacy violations.

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