Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Finance > Meta's WhatsApp says spyware company Paragon targeted users in two dozen countries
    Finance

    Meta's WhatsApp says spyware company Paragon targeted users in two dozen countries

    Meta's WhatsApp says spyware company Paragon targeted users in two dozen countries

    Published by Global Banking and Finance Review

    Posted on January 31, 2025

    Featured image for article about Finance

    By Raphael Satter

    WASHINGTON (Reuters) -An official with Meta Platforms' popular WhatsApp chat service said Israeli spyware company Paragon Solutions had targeted scores of its users, including journalists and members of civil society.

    The official said on Friday that WhatsApp had sent Paragon a cease-and-desist letter following the hack. In a statement, WhatsApp said the company "will continue to protect people's ability to communicate privately."

    Paragon declined to comment.

    The WhatsApp official told Reuters it had detected an effort to hack approximately 90 users. 

    The official declined to say who, specifically, was targeted. But he said those targeted were based in more than two dozen countries, including several people in Europe. He said WhatsApp users were sent malicious electronic documents that required no user interaction to compromise their targets, a so-called zero-click hack that is considered particularly stealthy. 

    The official said WhatsApp had since disrupted the hacking effort and was referring targets to Canadian internet watchdog group Citizen Lab. The official declined to discuss how it determined that Paragon was responsible for the hack. He said law enforcement and industry partners had been informed, but declined to give details.

    The FBI did not immediately return a message seeking comment.

    Citizen Lab researcher John Scott-Railton said the discovery of Paragon spyware targeting WhatsApp users "is a reminder that mercenary spyware continues to proliferate and as it does, so we continue to see familiar patterns of problematic use."

    Spyware merchants such as Paragon sell high-end surveillance software to government clients and typically pitch their services as critical to fighting crime and protecting national security.  

    But such spy tools have repeatedly been discovered on the phones of journalists, activists, opposition politicians, and at least 50 U.S. officials, raising concerns over the unchecked proliferation of the technology.

    Paragon - which was reportedly acquired by Florida-based investment group AE Industrial Partners last month - has tried to position itself publicly as one of the industry's more responsible players.

    Its website advertises "ethically based tools, teams, and insights to disrupt intractable threats," and media reports citing people familiar with the company say Paragon only sells to governments in stable democratic countries.

    Natalia Krapiva, senior tech-legal counsel at the advocacy group Access Now, said Paragon had the reputation of being a better spyware company, "but WhatsApp's recent revelations suggest otherwise." 

    "This is not just a question of some bad apples — these types of abuses (are) a feature of the commercial spyware industry."

    AE did not immediately return a message seeking comment.

    (Reporting by Raphael Satter in Washington and James Pearson in London; Editing by Jan Harvey and Rod Nickel)

    Related Posts
    Spain urges EU not to weaken 2035 combustion engine ban, letter shows
    Spain urges EU not to weaken 2035 combustion engine ban, letter shows
    EU vote on Mercosur trade deal set for next week, Denmark says
    EU vote on Mercosur trade deal set for next week, Denmark says
    Crypto giant Tether tests Agnelli family resolve with all cash bid for Juventus
    Crypto giant Tether tests Agnelli family resolve with all cash bid for Juventus
    Ukraine hits Russian oil infrastructure in Caspian for second time
    Ukraine hits Russian oil infrastructure in Caspian for second time
    EU, India unlikely to finalize trade agreement by end of year, Bloomberg News reports
    EU, India unlikely to finalize trade agreement by end of year, Bloomberg News reports
    Explainer-What are the legal risks of EU's 'reparations loan' for Ukraine?
    Explainer-What are the legal risks of EU's 'reparations loan' for Ukraine?
    Ice-cream spin-off turns up heat on Unilever to deliver on growth, margins
    Ice-cream spin-off turns up heat on Unilever to deliver on growth, margins
    Google faces $129 million French asset freeze after Russian ruling, documents show
    Google faces $129 million French asset freeze after Russian ruling, documents show
    Hundreds of storks found dead near Madrid amid wider bird flu surge
    Hundreds of storks found dead near Madrid amid wider bird flu surge
    EIB to boost lending for EU defence projects in 2026
    EIB to boost lending for EU defence projects in 2026
    Austrian former tycoon Benko will appeal fraud conviction, lawyer says
    Austrian former tycoon Benko will appeal fraud conviction, lawyer says
    Israel gives legal status to 19 West Bank settlements, media reports
    Israel gives legal status to 19 West Bank settlements, media reports

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Previous Finance PostSantander names Riley as CEO of Santander US, part of wider reshuffle
    Next Finance PostSantander names Riley as CEO of Santander US, part of wider reshuffle

    More from Finance

    Explore more articles in the Finance category

    Volvo Cars urges EU to resist pressure to scrap fossil-fuel autos ban

    Volvo Cars urges EU to resist pressure to scrap fossil-fuel autos ban

    Russia attacks two Ukrainian ports, damaging three Turkish-owned vessels

    Russia attacks two Ukrainian ports, damaging three Turkish-owned vessels

    UK's Card Factory warns on profit as weak sales dim holiday outlook

    UK's Card Factory warns on profit as weak sales dim holiday outlook

    Fraport expects significant decline in 2026 net earnings, first dividend since 2019

    Fraport expects significant decline in 2026 net earnings, first dividend since 2019

    EU drugs regulator backs higher dose of Novo's Wegovy

    EU drugs regulator backs higher dose of Novo's Wegovy

    SEAT says EU's rethink on 2035 combustion-engine ban could help EV transition

    SEAT says EU's rethink on 2035 combustion-engine ban could help EV transition

    EU open to accommodate Belgian concerns on guarantees in Russian asset plan

    EU open to accommodate Belgian concerns on guarantees in Russian asset plan

    Less New York, more Nashville: Europeans head to smaller US cities

    Less New York, more Nashville: Europeans head to smaller US cities

    EU aluminium and cement imports to face higher emissions costs, draft shows

    EU aluminium and cement imports to face higher emissions costs, draft shows

    Universal submits remedy to EU's objections over Downtown deal

    Universal submits remedy to EU's objections over Downtown deal

    Swiss to reduce F-35 fighter jet order from US as costs rise

    Swiss to reduce F-35 fighter jet order from US as costs rise

    Euroclear can offset its assets seized by Russia with Russia's assets -EU

    Euroclear can offset its assets seized by Russia with Russia's assets -EU

    View All Finance Posts