Apple prevented over $7 billion in fraudulent transactions on App Store in 4 years ...Middle East

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Apple prevented over $7 billion in fraudulent transactions on App Store in 4 years
source : News room odisha ( Middle East ) () 50
New Delhi: Apple prevented over $7 billion in potentially fraudulent transactions on its App Store in the last four years, the company has informed. In the same period, Apple blocked over 14 million stolen credit cards and over 3.3 million accounts from transacting again. “From 2020 through 2023, Apple prevented a combined total of over $7 billion in potentially fraudulent transactions, including more than $1.8 billion in 2023 alone,” the iPhone maker said in a statement. The company said that as digital threats have evolved in scope and complexity over the years, “Apple has expanded its antifraud initiatives to address these challenges and help protect its users”. Last year, the company rej

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