Apple said it caught 95,000 apps flogging unauthorised services such as drugs, porn, gambling and predatory loans. It claims that it saved Apple fanboys from Apple from $1.5 billion in fraudulent transactions although we have no idea how where it buys its hookers and drugs from to get a good price comparison.
The shady apps applied for Apple App Store verification under an innocuous façade, but after getting accepted, the developers did a bait-and-switch and started flogging illicit services.
Jobs' Mob insisted when it discovers these crooked apps, they are either rejected or removed immediately from the App Store. Developers can participate in a 14-day appeals process before their accounts are terminated. Apple went on to highlight the slew of other shady activities it blocked last year thanks to its sharp eye for malicious actors.
"In 2020 alone, the fusion of sophisticated technology and human review prevented more than three million stolen credit cards from being used to purchase stolen good and services", Apple said, adding that it banned one million malicious accounts last year.
Apple's 2020 anti-fraud report comes as the iPhone maker faces a bitter legal battle with Epic Games, arguing that its autocratic, iron-fisted oversight over the Apple App Store's activities is necessary to protect users' privacy and security. Of course this sort of thing does not come cheap which is why it needs to shake down developers for a third of their profits.