Insight Partners Admits Hackers Stole Personal Data in January Breach
▼ Summary
– Insight Partners will notify individuals affected by a January cyberattack, involving stolen personal data of employees and limited partners.
– The stolen data includes sensitive financial and tax information related to funds, management companies, and portfolio companies.
– This marks Insight’s first acknowledgment of data exfiltration, though details about the attack’s nature remain unclear.
– Insight Partners manages over $90 billion in assets and has funded major cybersecurity firms like Wiz and Armis.
– The incident follows a trend of cyberattacks on VC firms, including a 2021 ransomware attack on Advanced Technology Ventures.
Insight Partners has confirmed that hackers successfully stole sensitive personal data during a January security breach, marking the first official acknowledgment of data exfiltration. The prominent venture capital firm plans to notify affected individuals in the coming days, though the exact number remains undisclosed.
The compromised information includes details about current and former employees, as well as confidential data belonging to limited partners—investors who typically remain anonymous. Additionally, the breach exposed financial records tied to certain funds, management companies, and portfolio businesses, including banking and tax documentation.
While Insight previously described the incident as a “sophisticated social engineering attack,” it has yet to provide concrete evidence supporting this claim. The exact methods used by the attackers remain unclear, leaving questions about the full scope of the intrusion unanswered.
With over $90 billion in assets under management, Insight Partners ranks among the world’s most influential tech investors, backing major cybersecurity firms like Wiz and Armis. This breach adds to a growing list of venture capital firms targeted by cybercriminals—in 2021, Advanced Technology Ventures suffered a ransomware attack that similarly exposed limited partner data.
A company spokesperson has not yet responded to requests for further clarification on the incident.
(Source: TechCrunch)
