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Spanish spyware startup Mollitiam Industries shuts down | TechCrunch

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Summary
Nutrition label

73% Informative

Mollitiam Industries , a Spanish spyware maker, is shutting down.

The company filed for bankruptcy on January 23 , according to public business records.

The spyware startup is based in Toledo , a town outside of Madrid , Spain .

It was only ever known to be involved in one scandal in Colombia , where it allegedly developed spyware.

Mollitiam Industries engaged in phishing and social engineering targeted primarily at people in Spain , Colombia and Peru .

Spain , and in particular Barcelona , has recently become a hotbed for spyware startups, some of which were founded by foreigners recruiting security researchers from other countries, including Italy and Israel .

VR Score

60

Informative language

52

Neutral language

57

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formal

Language

English

Language complexity

71

Offensive language

possibly offensive

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not hateful

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Time-value

short-lived

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