Apple Says App Store Stopped $1.8B in Fraudulent Transactions in 2023
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Apple’s App Store blocked over $7 billion in fraudulent activity from 2020 through 2023. It also stopped more than $1.8 billion in fraudulent transactions in 2023 alone, Apple said in a Tuesday (May 14) press release. To combat fraud, Apple has dedicated teams that monitor and investigate fraudulent activity daily, according to the release. These teams use tools and […]

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