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Cyber Security

Bad Apple: App Store Rife with Fraud, Fleeceware

A new analysis from The Washington Post reveals just how widespread fraud is across the Apple App Store. Out of all of the the top-1,000 grossing apps for the day reported by Apple, almost 2 percent are scams. Scam apps have billed Apple customers $48 million while they ve been available in the store, and Apple gets a 30 percent cut of every transaction. The Post s analysis found 134 fleecewear apps on the App Sore and just 70 on the Play Store, earning $365 million.

Source: https://threatpost.com/apple-app-store-fraud-fleeceware/166703/

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