The number of U.S.-based investors bankrolling spyware companies nearly tripled in 2024, with 31 American firms found to be backing the manufacturers compared to just 11 in 2023. The finding was published by the Atlantic Council think tank in a report released Wednesday which analyzed 561 spyware entities — vendors, supplies, partners, investors, individuals, holding companies and alumni — across 46 countries. The U.S. is the largest investor in the spyware market, according to the nonprofit’s analysis. The next two largest spyware financial hubs are Israel with 26 investors and Italy, which has emerged as a major spyware center, with 12.
US investors in spyware firms nearly tripled in 2024: report | The Record from Recorded Future News