App Store protected users from $9 billion in fraud over five years

The App Store has stopped more than $9 billion in fraud in a five-year period, Apple declares, flexing its security muscles at a time when App Store transactions themselves are under attack.


As a so-called walled garden, the App Store has proven itself to be quite a secure marketplace for apps and for handling in-app transactions. However, it is certainly aware that there are still attempts to rip off consumers via the digital storefront.

In a press release on May 27, Apple has boasted about how secure the App Store is, by declaring that it has prevented billions of dollars of fraud.


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