NSO Group explores shut down of its Pegasus spyware unit, sale
NSO Group explores shut down of its Pegasus spyware unit, sale
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New Delhi: Spyware company NSO Group Ltd is at risk of default due to its debts. In such a case, the company is considering closing and selling its disputed 'Pegasus'. People involved in the case have reported in this regard. Pegasus recently made headlines in several countries, including India, over allegations of espionage.

People said on condition of anonymity that discussions have been held with several investment funds. It talks about funding and selling the company completely. However, this conversation was extremely private. People said the company Moelis &Co. Is also consulting the advisers in the matter. One of the people familiar with the matter has reported that pegasus' potential new owners include two U.S. funds. They have discussed taking and shutting down Pegasus. There have also been talks on 200 million investments to make Pegasus information more cyber-secure and develop Israeli company drone technology.

However, an NSO spokesperson has refused to respond. The pegasus software tracks users' phones. The company has recently been accused of misusing user data in many countries across the world. It is alleged that the company gave the data to governments in various countries who used it to spy on political opponents, journalists and human rights activists.

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