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Phone Chipmaker Gemalto Probes Hacking Report

Gemalto said on Friday it was investigating a report U.S. and British spies had hacked its systems to steal the privacy-protecting encryption keys in the chips it makes for mobile phones. Citing documents provided by whistleblower Edward Snowden, the report said the hack allowed the agencies to monitor a large portion of voice and data mobile communications around the world without permission from governments and telecom companies. Gemalto's shares sank as much as 10 percent in...

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