Apple on Tuesday revealed that it prevented over $9 billion in fraudulent transactions in the last five years, including more than $2 billion in 2024 alone.
The company said the App Store is confronted by a wide range of threats that seek to defraud users in various ways, ranging from "deceptive apps designed to steal personal information to fraudulent payment schemes that attempt to exploit



Source: TheHackerNews
Source Link: https://thehackernews.com/2025/05/apple-blocks-9-billion-in-fraud-over-5.html