A top VC firm says investor details were stolen in a data breach

Date:
Fri, 09 May 2025 16:53:00 +0000

Description:
Investigation into Insight Partners January 2025 breach concludes sensitive data was stolen.

FULL STORY ======================================================================Insight Partners confirms effects of January 2025 breach VC firm reveals some sensitive data was stolen No one has yet claimed responsibility for the
attack

Insight Partners, a major venture capital organization that invested in some of the biggest tech organizations around today, has confirmed suffering a cyberattack in which it lost sensitive data on employees and some of its partners.

In mid-February 2025, the company released a statement, informing that it suffered a cyberattack a month earlier.

On January 16, 2025, Insight Partners detected that an unauthorized third-party accessed certain Insight information systems through a sophisticated social engineering attack, the announcement reads. As soon as this incident was detected, we moved quickly to contain, remediate, and start an investigation within a matter of hours. We notified stakeholders connected to Insight in January to alert them and encourage vigilance and tightened security protocols irrespective of having shared data compromised. We also notified law enforcement in relevant jurisdictions. Investor details compromised

The company said it didnt find evidence of intrusions after January 16, and added that, since the attack was contained to a single day, it did not
disrupt its day-to-day operations.

It recently updated the announcement, saying the breach was verified and confirming that some sensitive data was indeed lost, including fund information, management company information, portfolio company information, banking information, tax information, personal information of current and former employees, and information related to limited partners.

The company doesnt know how many victims there are just yet, but said it
would be notifying affected entities over the coming days. Finally, it urged everyone to keep a close eye on financial statements and credit reports.

No one has yet claimed responsibility for the breach.

Insight Partners is a global venture capital and private equity firm that invests in high-growth technology, software, and Internet businesses.

The firm manages more than $90 billion in assets and has invested in more
than 800 companies worldwide. Some of its more notable investments include cybersecurity firms like Armis and Wiz, as well as public-facing platforms such as monday.com and Wix.

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Link to news story: https://www.techradar.com/pro/security/a-top-vc-firm-says-investor-details-wer e-stolen-in-a-data-breach


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