Apple Blocks $9 Billion in Fraud Over 5 Years Amid Rising App Store Threats

Apple on Tuesday revealed that it prevented over $9 billion in fraudulent transactions in the last five years, including more than $2 billion in 2024 alone. The company said the App Store is confronted by a wide range of threats that seek to defraud users in various ways, ranging from "deceptive apps designed to steal personal information to fraudulent payment schemes that attempt to exploit