Story perspectives

U.S. Leads Global Spyware Investment Amid Controversy

9/10/2025

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Summary

Story summary

In 2024, U.S. investors in spyware companies increased to 31, as reported by the Atlantic Council.
The analysis covered 561 entities in 46 countries, identifying the U.S. as the top investor, followed by Israel (26) and Italy (12).
Notable U.S. investors include D.E. Shaw & Co. and Ameriprise Financial, linked to firms like Cognyte, associated with human rights violations.
Paragon Solutions, acquired by AE Industrial Partners, faced criticism for targeting journalists in Italy.
The global spyware market is growing, with new vendors emerging in Japan, Malaysia, and Panama.

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Story summary

In 2024, U.S. investors in spyware companies increased to 31, as reported by the Atlantic Council.
The analysis covered 561 entities in 46 countries, identifying the U.S. as the top investor, followed by Israel (26) and Italy (12).
Notable U.S. investors include D.E. Shaw & Co. and Ameriprise Financial, linked to firms like Cognyte, associated with human rights violations.
Paragon Solutions, acquired by AE Industrial Partners, faced criticism for targeting journalists in Italy.
The global spyware market is growing, with new vendors emerging in Japan, Malaysia, and Panama.