Ptechhub
  • News
  • Industries
    • Enterprise IT
    • AI & ML
    • Cybersecurity
    • Finance
    • Telco
  • Brand Hub
    • Lifesight
  • Blogs
No Result
View All Result
  • News
  • Industries
    • Enterprise IT
    • AI & ML
    • Cybersecurity
    • Finance
    • Telco
  • Brand Hub
    • Lifesight
  • Blogs
No Result
View All Result
PtechHub
No Result
View All Result

Apple Blocks $9 Billion in Fraud Over 5 Years Amid Rising App Store Threats

The Hacker News by The Hacker News
May 28, 2025
Home Cybersecurity
Share on FacebookShare on Twitter


May 28, 2025Ravie LakshmananMobile Security / Software Security

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 users.”

The tech giant said it terminated more than 46,000 developer accounts over fraud concerns and rejected an additional 139,000 developer enrollment as part of efforts to prevent bad actors from submitting their apps to the App Store.

Furthermore, the company said it rejected over 711 million customer account creations and deactivated nearly 129 million customer accounts last year with an aim to block these accounts from conducting nefarious activity, such as spamming or manipulating ratings and reviews, charts, and search results that could compromise the integrity of the App Store.

Cybersecurity

Some of the other noteworthy statistics shared by Apple for 2024 are listed below –

  • Detected and blocked more than 10,000 illegitimate apps on pirate storefronts, which include malware, pornography apps, gambling apps, and pirated versions of legitimate apps from the App Store
  • Stopped nearly 4.6 million attempts to install or launch apps distributed illicitly outside the App Store or approved third-party marketplaces
  • Rejected more than 1.9 million App Store submissions for failing to meet its standards for security, reliability, privacy violations, or fraud concerns
  • Removed more than 37,000 apps for fraudulent activity and rejected over 43,000 app submissions for containing hidden or undocumented features
  • Rejected over 320,000 submissions that copied other apps, were found to be spam, or otherwise misled users, and another 400,000 app submissions for privacy violations.
  • Removed more than 7,400 potentially fraudulent apps from App Store charts and nearly 9,500 deceptive apps from appearing in App Store search results
  • Removed more than 143 million fraudulent ratings and reviews from the App Store
  • Identified nearly 4.7 million stolen credit cards and banned over 1.6 million accounts from transacting again

In comparison, Apple said it prevented more than $1.8 billion in potentially fraudulent transactions in 2023 and over $2 billion in potentially fraudulent transactions in 2022. In 2023, Apple terminated close to 118,000 developer accounts.

Cybersecurity

The disclosure follows a similar report from Google earlier this year that it blocked over 2.36 million policy-violating Android apps from being published to the Google Play app marketplace in 2024 and banned more than 158,000 bad developer accounts that attempted to publish such harmful apps.

Apple’s annual App Store fraud analysis also comes at a time when the company is facing increasing scrutiny over its App Store policies. A recent ruling in the United States ordered the iPhone maker to allow iOS apps to show links or buttons that direct customers to make purchases outside of the ‌App Store.

Found this article interesting? Follow us on Twitter  and LinkedIn to read more exclusive content we post.





Source link

Tags: computer securitycyber attackscyber newscyber security newscyber security news todaycyber security updatescyber updatesdata breachhacker newshacking newshow to hackinformation securitynetwork securityransomware malwaresoftware vulnerabilitythe hacker news
The Hacker News

The Hacker News

Next Post
Leap.new Launches: First AI Agent That Builds and Deploys Full-Stack Apps to Your Own Cloud

Leap.new Launches: First AI Agent That Builds and Deploys Full-Stack Apps to Your Own Cloud

Recommended.

Fetch Market expands to Houston this October, delivering groceries and daily essentials to residents at low prices in four hours or less

Fetch Market expands to Houston this October, delivering groceries and daily essentials to residents at low prices in four hours or less

October 15, 2025
EchoStor Makes First Acquisition With CyberNorth Buy, CEO Says ‘We’re Not Slowing Down’

EchoStor Makes First Acquisition With CyberNorth Buy, CEO Says ‘We’re Not Slowing Down’

September 18, 2025

Trending.

⚡ Weekly Recap: Oracle 0-Day, BitLocker Bypass, VMScape, WhatsApp Worm & More

⚡ Weekly Recap: Oracle 0-Day, BitLocker Bypass, VMScape, WhatsApp Worm & More

October 6, 2025
Cloud Computing on the Rise: Market Projected to Reach .6 Trillion by 2030

Cloud Computing on the Rise: Market Projected to Reach $1.6 Trillion by 2030

August 1, 2025
Stocks making the biggest moves midday: Autodesk, PayPal, Rivian, Nebius, Waters and more

Stocks making the biggest moves midday: Autodesk, PayPal, Rivian, Nebius, Waters and more

July 14, 2025
The Ultimate MSP Guide to Structuring and Selling vCISO Services

The Ultimate MSP Guide to Structuring and Selling vCISO Services

February 19, 2025
Translators’ Voices: China shares technological achievements with the world for mutual benefit

Translators’ Voices: China shares technological achievements with the world for mutual benefit

June 3, 2025

PTechHub

A tech news platform delivering fresh perspectives, critical insights, and in-depth reporting — beyond the buzz. We cover innovation, policy, and digital culture with clarity, independence, and a sharp editorial edge.

Follow Us

Industries

  • AI & ML
  • Cybersecurity
  • Enterprise IT
  • Finance
  • Telco

Navigation

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Subscribe to Our Newsletter

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Copyright © 2025 | Powered By Porpholio

No Result
View All Result
  • News
  • Industries
    • Enterprise IT
    • AI & ML
    • Cybersecurity
    • Finance
    • Telco
  • Brand Hub
    • Lifesight
  • Blogs

Copyright © 2025 | Powered By Porpholio