Apple Blocks $7 Billion in Potential Fraud on App Store Over Four Years

May 15, 2024 – Apple today issued a press release revealing that over the past four years, its App Store has successfully thwarted more than 7billioninpotentialfraudulenttransactions,withover1.8 billion worth of attempted frauds prevented in 2023 alone. Between 2020 and 2023, Apple blocked over 14 million stolen credit cards and disallowed further transactions on more than 3.3…

Read More