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Fraud Allegations Sour Apple?ÇÖs Promises That Its App Store Is Secure

Apple should be celebrating.?á Its App Store recently exceeded 2 billion downloads.?á Over 600,000 apps are now available for the iPhone, iPad and iPod Touch.?á Yet, continuing claims of fraud surely dampen any celebration and threaten to sour the App Store?ÇÖs reputation as a secure marketplace. The New York Times recently shared Ryan Matthew Pierson?ÇÖs story.?á In about an hour, Mr.?áPierson?ÇÖs iTunes account was charged $437.71 for virtual currency that he could use to buy guns, nightclubs and cars in iMobsters, a popular iPhone game.?á The problem is, Mr. Pierson has never played the game.?á He was the victim of fraud.?á Unfortunately, Mr. Pierson is not alone.?á Hundreds of others have complained that the App Store is not secure. Consumers are not the sole victims of this fraud.?á Developers lose hundreds of thousands of dollars to App Store fraud.?á Compounding their problems is consumers?ÇÖ perception that developers are to blame… Continue Reading

March 2012
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