The App Store has stopped more than $9 billion in fraud in a five-year period, Apple declares, flexing its security muscles at a time when App Store transactions themselves are under attack.

Apple insists the App Store is the way forward for security

Apple insists the App Store is the way forward for security
As a so-called walled garden, the App Store has proven itself to be quite a secure marketplace for apps and for handling in-app transactions. However, it is certainly aware that there are still attempts to rip off consumers via the digital storefront.
In a press release on May 27, Apple has boasted about how secure the App Store is, by declaring that it has prevented billions of dollars of fraud.