US investors in spyware firms nearly tripled in 2024: report

US investors in spyware firms nearly tripled in 2024: report

U.S.-based investors significantly increased funding for spyware companies in 2024, with nearly three times as many firms backing spyware vendors compared to 2023. The global spyware market continues to evolve with new players from various countries, while tech giants like Apple introduce features to mitigate spyware attacks. #SpywareFunding #USInvestors

Keypoints

  • The number of U.S. investors backing spyware companies nearly tripled in 2024, totaling 31 firms.
  • The U.S. is the largest investor in the global spyware market, followed by Israel and Italy.
  • Spyware supply chains are becoming more complex with the involvement of resellers and brokers.
  • Despite U.S. government sanctions, American investors continue to support spyware manufacturers.
  • Apple is introducing Memory Integrity Enforcement (MIE) on the iPhone 17 to reduce spyware vulnerabilities.

Read More: https://therecord.media/us-investors-in-spyware-tripled-in-2024