Mollitiam Industries, a small Spanish spyware company based in Toledo, has filed for bankruptcy, marking its exit from an industry dominated by larger, more public firms. The company was relatively obscure and operated away from the public eye, possibly due to the financial instability common among spyware vendors and the limited media attention on Spanish tech firms. Despite producing advanced spyware products like Invisible Man and Night Crawler, designed for covert data extraction from popular messaging apps, simmering controversies like its scandal in Colombia didn't bring it into the spotlight as other companies have been.
Mollitiam Industries' failure underscores the financial fragility often present in the obscure spyware industry, where many startups operate in secrecy to avoid unwanted attention.
Despite being relatively unknown, Mollitiam's work involved sophisticated spyware designed to infiltrate the privacy of individuals through common applications like Telegram and WhatsApp.
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