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From the Graham Cluley blog

Apple says that it protected many millions of users from being defrauded to the tune of nearly $1.5 billion dollars in the last year, by policing its official App Store.

According to a newly published report by Apple, over 1.6 million risky and untrustworthy apps and app updates were stopped in their tracks due to the company’s fraud prevention analysis.

Read more in my article on the Tripwire State of Security blog.