Apple App Store Saved Users $1.5 Billion In Fraud Transactions And Blocked 3 Million Stolen Cards
3 years, 7 months ago

Apple App Store Saved Users $1.5 Billion In Fraud Transactions And Blocked 3 Million Stolen Cards

News 18  

Apple says that the measures in place to detect fraudulent apps and actions by developers on the App Store saved users as much as $1.5 billion in potentially fraudulent transactions in 2020. Apple has shared detailed statistics on the fraud prevention by the App Review team, which helped keep more than a million risky and vulnerable apps off the App Store. The company has highlighted that the measures in place prevented stolen cards from making transactions, apps that switch functionality after initial review for App Store listing, account frauds by users and developers as well as verified fraudulent reviews. Apple also had checks in place for payment methods and didn’t allow more than 3 million stolen credit and debit cards from making a purchase on the App Store.

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History of this topic

Over half of APP scams last year ‘carried out by fraudsters using social media’
3 weeks, 2 days ago

Over half of APP scams last year ‘carried out by fraudsters using social media’

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our …

More than £570m stolen by fraudsters in first half of 2024
2 months, 3 weeks ago

More than £570m stolen by fraudsters in first half of 2024

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Losses from unauthorised fraud increased …

CCI probe finds Apple engaging in abusive conduct, practices in apps market
5 months, 3 weeks ago

CCI probe finds Apple engaging in abusive conduct, practices in apps market

India TV News  

The Competition Commission of India has been investigating Apple Inc since 2021 for potentially abusing its dominant position in the app market by compelling developers to use its proprietary in-app purchase system. The CCI's investigations unit stated in its report that Apple wields "significant influence" over how digital products and services reach consumers, especially through its iOS platform and App …

What the DOJ’s antitrust suit against Apple means for everyone with an iPhone
9 months, 2 weeks ago

What the DOJ’s antitrust suit against Apple means for everyone with an iPhone

LA Times  

Greater freedom for app developers on the App Store. In 2020, Epic Games sued Apple after it got kicked out of the App Store when its game “Fortnite” was attempting to circumvent Apple’s charge on in-app purchases. “We do not expect any business model changes for now, but Apple clearly is going to have to find a way to eventually …

Apple Changes Its App Store Policy. Critics Call the Moves ‘Outrageous.’
11 months, 3 weeks ago

Apple Changes Its App Store Policy. Critics Call the Moves ‘Outrageous.’

Live Mint  

Apple’s new App Store payment policies are stirring outrage among software developers who say the iPhone maker is skirting the intention of a court ruling. The U.S. Supreme Court declined to hear appeals Tuesday of an antitrust ruling covering the App Store stemming from a legal dispute between Apple and Epic, developer of the popular videogame “Fortnite." Epic’s chief executive, …

Banks’ performance in dealing with APP scam victims revealed by regulator
1 year, 2 months ago

Banks’ performance in dealing with APP scam victims revealed by regulator

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. The regulator also looked at which banks and payment …

Apple’s App Store may become illegal in China soon after CCP's forces tech cos to submit information
1 year, 3 months ago

Apple’s App Store may become illegal in China soon after CCP's forces tech cos to submit information

Firstpost  

China has asked all tech companies operating in China to submit a whole bunch of documents and information regarding their app stores. Because of this, Apple’s App Store may become illegal China has released its first list of 26 mobile app stores that have provided their business details to regulators, but notably, Apple’s app store is absent from the list. …

Apple’s $1 Billion Headache: Tech giant to get sued by app developers over App Store fees in UK
1 year, 5 months ago

Apple’s $1 Billion Headache: Tech giant to get sued by app developers over App Store fees in UK

Firstpost  

Apple is set to get sued for $1 billion in the UK by over 1500 app developers over the 30% commission it charges on payments made through the App Store. Apple has had to face legal challenges on this issue several times, including the much publicised Epic lawsuit Over 1,500 developers in the UK have initiated a class action lawsuit …

Apple removes 1,474 apps in 2022, THESE many from India
1 year, 7 months ago

Apple removes 1,474 apps in 2022, THESE many from India

India TV News  

Apple removed 1,474 apps from its App Store as per requests from various governments to take down such apps in 2022, including a massive 1,435 from mainland China and just 14 from India. According to the company's '2022 App Store Transparency Report', the Pakistan government requested to take down 10 apps while Russia asked to remove seven apps for violating …

Apple blocked 1.7 million apps, removed 428,000 developer accounts from the App Store
1 year, 7 months ago

Apple blocked 1.7 million apps, removed 428,000 developer accounts from the App Store

The Hindu  

Apple’s App Store prevented over $2 billion in potentially fraudulent transactions, rejecting 1.7 million apps, in 2022, for failing to meet its standards for privacy, security, and content. Apple in an effort to reduce account fraud also removed 428,000 developer accounts and 282 million customer accounts for fraud and abuse, the company shared in a blog post. The App Store …

Apple's App Store prevented over $2 billion in fraudulent transactions in 2022
1 year, 7 months ago

Apple's App Store prevented over $2 billion in fraudulent transactions in 2022

India TV News  

In 2022, Apple made a significant announcement regarding its App Store's remarkable achievement in combating potential fraudulent activities. On Tuesday, Apple said, "Today, Apple announced that in 2022, the App Store prevented over $2 billion in potentially fraudulent transactions, and rejected nearly 1.7 million app submissions for failing to meet the App Store's high standards for privacy, security, and content.” …

Google prevented 1.43 million apps from entering Play Store for policy violation
1 year, 8 months ago

Google prevented 1.43 million apps from entering Play Store for policy violation

Live Mint  

Search giant Google said Thursday that it has blocked more than 1.43 million ‘policy-violating apps’ from entering the Play Store. The company also said it has "raised the bar" for new developers joining the Play Store ecosystem, resulting in a reduction in the number of accounts used to publish violative apps. In a blog post on Thursday, the search giant …

Crypto scam app bypass security restrictions on Apple and Google app stores: Report
1 year, 11 months ago

Crypto scam app bypass security restrictions on Apple and Google app stores: Report

The Hindu  

Cybercriminals operating crypto scam apps have found a way to bypass security protocols on Apple and Google official app stores to publish fraudulent apps, a report from Sophos cybersecurity shared. Threat actors are remotely changing content to make fake apps slide through the official review process of Apple and Google app stores to post apps which are then used to …

Explained | Why app store fees are causing a stir?
2 years, 1 month ago

Explained | Why app store fees are causing a stir?

The Hindu  

The story so far: Claiming that Apple had “mostly stopped advertising on Twitter,” billionaire Elon Musk launched an attack against the iPhone maker on Monday. While the Apple App Store is a globally trusted platform for buying third-party apps, some users might want to access their favourite apps using other payment options, to benefit from lower prices. Developers too want …

Apple’s updated App Store policy only tightens its grip over the marketplace it runs
2 years, 2 months ago

Apple’s updated App Store policy only tightens its grip over the marketplace it runs

The Hindu  

Zacchaeus is an anti-hero in one of the short portions in the Holy Bible. Antitrust regulators in Europe and in Asia have taken steps to pressure Apple to let users make payments externally and to cut the rate it charges for in-app purchase. In Netherlands, Apple has agreed to cut its commission by three percentage points for dating apps and …

Apple App Store saved users from dangerous fraudulent transactions worth $1.5 billion, know what happened
2 years, 7 months ago

Apple App Store saved users from dangerous fraudulent transactions worth $1.5 billion, know what happened

India TV News  

Apple had announced in 2020 that it has been protecting the customers from more than $1.5 billion USD fraudulent transactions on the App Store. In an annual update to the analysis which Apple shared last year, the company has further announced that $1.5 billion-worth fraudulent transactions have been stopped on the App Store. This is a must to mention that …

Apple App Store blocks $1.5 billion worth of fraudulent transactions
2 years, 7 months ago

Apple App Store blocks $1.5 billion worth of fraudulent transactions

Hindustan Times  

There are some big numbers to process as part of Apple’s annual fraud prevention analysis report for 2021. The tech giant recently informed that last year, the various mechanisms in the App Store stopped nearly $1.5 billion worth of fraudulent transactions, and more than 1.6 million risky and vulnerable apps, as well as app updates, were stopped from defrauding users. …

Apple App Store Was Able To Detect Fraud Transaction Worth Billions To Protect Customers
2 years, 7 months ago

Apple App Store Was Able To Detect Fraud Transaction Worth Billions To Protect Customers

News 18  

Apple protected customers from more than $1.5 billion in potentially fraudulent transactions on the App Store in 2021, the company has informed. This prevented attempted theft of the App Store users’ money, information, and time, and kept nearly a million problematic new apps out of their hands. “As part of the App Review process, any developer who feels they have …

Apple’s App Store meets its nemesis in the East
2 years, 9 months ago

Apple’s App Store meets its nemesis in the East

The Hindu  

Fourteen years ago, Apple’s co-founder Steve Jobs launched a digital marketplace. Apple said it had paid $21 million to developers within a month since the App Store’s launch. “The money that developers have earned through the App Store will top $100 billion.” That’s about $14 billion into Apple’s coffers, which is just $4 billion short of the company’s iPad sales …

Apple Gets Fifth Fine of $5.7 Million by Dutch Consumer Watchdog in App Store Dispute
2 years, 10 months ago

Apple Gets Fifth Fine of $5.7 Million by Dutch Consumer Watchdog in App Store Dispute

News 18  

AMSTERDAM:The Dutch antitrust watchdog fined Apple 5 million euros on Monday, the fifth such penalty in successive weeks in a row over access to non-Apple payment methods for subscriptions to dating apps. The Authority for Consumers and Markets says the iPhone maker is abusing a dominant market position by failing to allow software application makers in the Netherlands to use …

UPDATE 2-Apple given fourth Dutch fine in App Store dispute
2 years, 10 months ago

UPDATE 2-Apple given fourth Dutch fine in App Store dispute

The Hindu  

The Dutch antitrust watchdog fined Apple 5 million euros again on Monday, its fourth such fine for failing to allow software application makers in the Netherlands to use non-Apple payment methods for dating apps on the App Store. The ACM singled out a requirement that developers who want to use non-Apple payment methods must submit a new app to the …

CCI Directs Investigation Into Apple's App Store Policies On Allegations Of Unfair Trade Practices
3 years ago

CCI Directs Investigation Into Apple's App Store Policies On Allegations Of Unfair Trade Practices

Live Law  

On Friday, the Competition Commission of India directed investigation into the Apple's App Store policies with respect to allegations of unfair trade practices in India raised by a non-government organisation, Together We Fight Society. Apple's policy to mandate in-app purchases and the restriction imposed on the app developers from selecting payment process system of their choice is also in violation …

Apple’s latest update gives users an easy way to report scams in the App Store
3 years, 3 months ago

Apple’s latest update gives users an easy way to report scams in the App Store

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Apple has updated its App Store with a new Report a Problem button …

60% of apps delisted from Apple's App Store didn't have any privacy policy: Report
3 years, 3 months ago

60% of apps delisted from Apple's App Store didn't have any privacy policy: Report

The Hindu  

About 60% of apps delisted from Apple and 25% from Google in the first half of this year had no privacy policy. Of these, 26% of the apps delisted by Google are from Russia, and 60% of delisted apps from Apple are from China, according to Pixalate, a fraud protection, privacy, and compliance analytics platform. It analysed more than 5 …

Judge loosens Apple’s grip on app store in Epic decision
3 years, 3 months ago

Judge loosens Apple’s grip on app store in Epic decision

Associated Press  

SAN RAMON, Calif. — A federal judge ordered Apple to dismantle a lucrative part of the competitive barricade guarding its closely run iPhone app store, but rejected allegations that the company has been running an illegal monopoly that stifles competition and innovation. “This decision validates that Apple’s ‘success is not illegal,’ as the judge said.” Gonzalez Rogers also dealt Epic …

Judge loosens Apple's grip on app store in Epic decision
3 years, 3 months ago

Judge loosens Apple's grip on app store in Epic decision

The Hindu  

A federal judge ordered Apple to dismantle part of the competitive barricade guarding its closely run app store, threatening one of the iPhone maker's biggest moneymakers. The 185-page ruling issued Friday by U.S. District Judge Yvonne Gonzalez Rogers comes three months after the conclusion of a trial focused on one of the pillars holding up Apple's $2 trillion empire — …

Judge loosens Apple's grip on app store in Epic decision
3 years, 3 months ago

Judge loosens Apple's grip on app store in Epic decision

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A federal judge ordered Apple …

Judge rules Apple can’t force developers to use its App Store payment system
3 years, 3 months ago

Judge rules Apple can’t force developers to use its App Store payment system

LA Times  

A federal judge ordered Apple to dismantle part of the competitive barricade guarding its closely run App Store, threatening one of the iPhone maker’s biggest moneymakers. The 185-page ruling issued Friday by U.S. District Judge Yvonne Gonzalez Rogers comes three months after the conclusion of a trial focused on one of the pillars holding up Apple’s $2-trillion empire — one …

Apple loosens app store payment rules in lawsuit settlement
3 years, 4 months ago

Apple loosens app store payment rules in lawsuit settlement

LA Times  

Under long-standing Apple rules, makers of iPhone apps had been forbidden to email users with information on how to pay for services outside the app, which would have circumvented Apple commissions of 15% to 30%. Under long-standing Apple rules, makers of iPhone apps were forbidden to email users with information on how to pay for services outside the app, which …

Apple's Tim Cook says 'threat profile' of iPhone justifies App Store rules
3 years, 7 months ago

Apple's Tim Cook says 'threat profile' of iPhone justifies App Store rules

The Hindu  

Apple Inc Chief Executive Tim Cook on Friday told a court the 'threat profile' of the iPhone required tight control of the App Store, which "Fortnite" gamemaker Epic Games says is a monopoly that Apple abuses. Cook is expected to spend more than two hours making what are likely to be his most extensive public remarks on the App Store, …

How to Avoid App Store Scams
3 years, 7 months ago

How to Avoid App Store Scams

Wired  

Despite Apple’s review process for apps on the App Store, sometimes terrible scams slip through. If you’re having a hard time figuring out how to avoid app store scams, you’re not alone. Don’t Trust Star Ratings on Their Own Both Apple and Google prominently feature an average star rating for each app, to give you a quick, easy-to-understand idea of …

Apple vs Epic Games: Tim Cook Says iPhone's 'Threat Profile' Justifies App Store's Strict Rules
3 years, 7 months ago

Apple vs Epic Games: Tim Cook Says iPhone's 'Threat Profile' Justifies App Store's Strict Rules

News 18  

Apple Inc Chief Executive Tim Cook on Friday told a court the ‘threat profile’ of the iPhone required tight control of the App Store, which “Fortnite” game maker Epic Games says is a monopoly that Apple abuses. Cook is expected to spend more than two hours making what are likely to be his most extensive public remarks on the App …

Apple CEO Tim Cook says threat profile of iPhone justifies App Store rules
3 years, 7 months ago

Apple CEO Tim Cook says threat profile of iPhone justifies App Store rules

India Today  

A federal judge on Friday grilled Apple Inc Chief Executive Tim Cook over whether the iPhone maker's App Store profits from developers such as "Fortnite" maker Epic Games are justified and whether Apple faces any real competitive pressure to change its ways. At the end of testimony, Judge Yvonne Gonzalez Rogers questioned Cook, pressing him to concede that game developers …

Free apps that scam people later made $400 million in revenue, report says
3 years, 9 months ago

Free apps that scam people later made $400 million in revenue, report says

The Hindu  

Fleeceware are mobile apps that comes with a short free trial, and later charge an huge subscription fee. Hundreds of such apps have earned over $400 million in revenue on the both Apple and Google’s app marketplace, according to a report by security solution provider Avast. The team discovered 204 applications: 134 apps in App Store, and 70 in Play …

UK competition watchdog investigates Apple's App Store
3 years, 10 months ago

UK competition watchdog investigates Apple's App Store

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy U.K. authorities have launched an …

EU’s Vestager warns Apple to treat all apps equally amid privacy dispute
3 years, 11 months ago

EU’s Vestager warns Apple to treat all apps equally amid privacy dispute

The Hindu  

Europe's antitrust chief, Margrethe Vestager, has warned Apple Inc to give equal treatment to all apps on its platform amid the iPhone maker's privacy changes that have drawn charges of anti-competitive practices from rival Facebook Inc. Apple will in the spring ask iPhone users for consent to track their data for personalised ads in what it says is a move …

Apple will slash App Store fees as antitrust pressure mounts
4 years, 1 month ago

Apple will slash App Store fees as antitrust pressure mounts

CNN  

CNN Business — Apple said Wednesday it will slash the fees it charges app developers from 30% to 15% if the developer made less than $1 million in the prior year. It was not immediately clear how many small app developers will be affected by the change; Apple’s announcement said only that the update will benefit “the vast majority of …

US Congress report finds 30% Apple and Google app store ‘tax’ anti-competitive
4 years, 3 months ago

US Congress report finds 30% Apple and Google app store ‘tax’ anti-competitive

Live Mint  

NEW DELHI: Indian firms which have been up in arms ever since Google announced a 30% fee on Android app developers—dubbed by some as a ‘play store tax’—have an unlikely ally now: the US Congress. A new report based on a 16-month-long investigation into the business practices of Big Tech companies by the Congress’s House Judiciary committee, which is analogous …

Tech Antitrust Report: Apple's iOS Domination Worries Regulators But They Note New App Store Policies
4 years, 3 months ago

Tech Antitrust Report: Apple's iOS Domination Worries Regulators But They Note New App Store Policies

News 18  

In what can only be described as a first of its kind report, the Subcommittee On Antitrust, Commercial And Administrative Law Of The Committee Of The Judiciary of the US Congress has released its conclusions and recommendations on whether the big tech companies such as Google, Apple, Amazon and Facebook are violating the antitrust laws. “Apple fully controls how software …

Tech Antitrust Hearing: Apple CEO Tim Cook Will Talk About App Store, iPhone, Privacy & More
4 years, 5 months ago

Tech Antitrust Hearing: Apple CEO Tim Cook Will Talk About App Store, iPhone, Privacy & More

News 18  

As we head to another congressional hearing on antitrust later today, it is expected that representatives from four of the world’s largest tech companies will have some defending to do. Apple CEO Tim Cook is expected to focus on three key things—how the iPhone became as popular as it is in the face of stiff competition from the likes of …

Apple says App Store generated over 'half a trillion dollars' in sales in 2019
4 years, 6 months ago

Apple says App Store generated over 'half a trillion dollars' in sales in 2019

Firstpost  

Apple revealed that m-commerce apps gave the majority of sales of $268 million. Apple has announced that its App Store is responsible for $519 billion estimated total billings and sales of both physical products and services and digital goods last year. According to Apple, the App Store, launched in 2008, currently comprises almost 2 million apps and is visited by …

App Store facilitated half a trillion dollars in commerce in 2019
4 years, 6 months ago

App Store facilitated half a trillion dollars in commerce in 2019

Daily Mail  

Apple's App Store facilitated half a trillion dollars in commerce last year, a new study reveals. The App Store ecosystem supported $519 billion in billings and sales globally in 2019 alone, according to independent economists at Analysis Group. Apple today announced the App Store ecosystem supported $519 billion in billings and sales globally in 2019 alone The results encapsulate the …

Avoid these iOS apps have Fleeceware and can steal your money
4 years, 8 months ago

Avoid these iOS apps have Fleeceware and can steal your money

India TV News  

Usually, Google Play Store is the one being home to malware-laden apps or the ones with malicious intentions and Apple is the one coming with all the security. The blog post by Sophos Labs reads, "Fleeceware apps are not officially malicious, but they are unethical, preying on consumer trust with devious techniques designed to make money. This suggests that both …

How 18 Malware Apps Snuck Into Apple's App Store
55 years ago

How 18 Malware Apps Snuck Into Apple's App Store

Wired  

Despite some recent pronounced lapses, the iPhone remains one of the most secure consumer devices you can buy, thanks in large part to the locked-down ecosystem of the iOS App Store. That sort of adware makes regular appearances on Android, in part because that platform’s third-party app stores are riddled with bad actors. Wandera's security software flagged some unusual activity …

Apple to court developers at WWDC 2019 after criticism of App store being a walled garden
5 years, 7 months ago

Apple to court developers at WWDC 2019 after criticism of App store being a walled garden

Firstpost  

Apple has maintained that its tight control of the store allows it to protect user privacy. Apple is set to court software savants at its annual developers conference beginning Monday while contending with criticism that the iPhone maker has made its App Store a walled garden. “We only collect a commission from developers when a digital good or service is …

Apple launches a new website for App Store to tell people how the App store works
5 years, 7 months ago

Apple launches a new website for App Store to tell people how the App store works

India TV News  

In order to execute better defence against recent anti-trust and anti-competitive allegations, Apple has launched a new website for the App Store, explaining how apps and updates are reviewed and examined by "hundreds of human experts and automated systems" before they are rolled out. Also, read: OnePlus 7 set to go on sale from June 4 in India The new …

Supreme Court rules Apple can face antitrust suits from iPhone owners over App Store sales
5 years, 7 months ago

Supreme Court rules Apple can face antitrust suits from iPhone owners over App Store sales

LA Times  

The Supreme Court gave a boost to antitrust laws in the digital era as it cleared the way Monday for Apple to be sued for allegedly monopolizing the sale of apps on its iPhones. The plaintiffs in the case, Apple vs. Pepper, alleged that “Apple locks iPhone users into buying only from Apple” and takes a 30% commission on all …

Google Play Store purges popular Chinese developer's apps on account of ad-fraud
5 years, 8 months ago

Google Play Store purges popular Chinese developer's apps on account of ad-fraud

Firstpost  

Do Global has had up to 46 apps removed from the Google Play Store and many more could bite the dust. Chinese firm DO Global, which makes Android apps, has been deemed by Google as a creator of fraudulent ads on its apps and the Mountain View-based giant has purged most of DO Global’s apps. As per a report by …

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