![]() That stat also helps partly explain where the “$1.5 billion in fraudulent transactions” figure comes from. Last year, for example, the company says it blocked more than 3.3 million stolen credit cards from App Store purchases. The infographic below, however, provides a bit of insight into how Apple reached those conclusions. To be sure, there’s always a bit of finesse involved in quantifying the damage that could have resulted from something that didn’t actually take place. Also, Apple stopped more than 1.6 million “risky and vulnerable” apps from defrauding users. In short, Apple said on Wednesday that its security efforts in 2021 protected customers from almost $1.5 billion in “potentially fraudulent” transactions. Just ahead of the kickoff of WWDC 2022 next week - during which Apple will debut the latest versions of the operating software for iPhones, iPads, Macs, Apple Watch, and Apple TV - the iPhone maker has also published some revealing stats about its App Store security efforts.Īpple is likely going to summarize some of these findings during the WWDC keynote event on Monday, June 6.
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