Is Apple's Monopoly Making Its Security Vulnerable? Hacking News

It's a well-known fact that Apple’s devices are undoubtedly way safer than any other company’s products, however, in recent research analysis, many reports claimed it to be a myth. 

According to the experts, Apple’s complex process of downloading apps has created a notion of added security but seemingly such is not the case, as revealed in deeper examinations. 

Reportedly, around 2% of the top-grossing iOS apps, are in some way, scams. Customers of several VPN apps, which protect users’ data, have complained against Apple App Store – saying that their devices are contaminated by a virus that tricks them to download and pay for software that they don’t need. 

An illegal QR code reader app that remains for a week on the store tricks users into paying $4.99. Moreover, some apps even mock themselves as being from big global organizations such as Amazon and Samsung. 

Apple always maintained its exclusive command on the App Store and describes this as its policy which is essential for customer’s sensitive personal credentials. Apple has a monopoly in the App market in terms of customer trust. However, some analysts said that this is indeed the biggest problem that there is no competition against this giant in the market, if some companies will come with alternatives then– as a matter of fact – Apple will invest more money in strengthening their security measures. 

“If consumers were to have access to alternative app stores or other methods of distributing software, Apple would be a lot more likely to take this problem more seriously,” said Stan Miles, an economics professor at Thompson Rivers University in British Columbia, Canada. 

As per the statistics, that Apple generates huge profit from the App store; around 30 percent of its revenue is constituted by the App store. 

Apple spokesperson Fred Sainz said in a statement that, “We hold developers to high standards to keep the App Store a safe and trusted place for customers to download software, and we will always take action against apps that pose a harm to users…” 

“…Apple leads the industry with practices that put the safety of our customers first, and we’ll continue learning, evolving our practices, and investing the necessary resources to make sure customers are presented with the very best experience.”

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