Vc Giant Insight Partners Notifies Staff And Limited Partners After Data Breach

Venture superior patient Insight Partners says it has completed notifying a number of individuals, including nan firm’s constricted partners, whose personal accusation was stolen by hackers successful a January information breach. 

In a connection precocious past week, nan institution said it completed its reappraisal successful August pursuing nan information breach, which it described arsenic a “social engineering attack” without further explanation.

According to its earlier notice, nan stolen information included accusation astir definite Insight Partners’ funds, guidance companies, and portfolio companies. The hackers besides took banking and taxation information, nan institution said, arsenic good arsenic individual accusation astir its existent and erstwhile labor and its constricted partners — nan typically backstage and unnamed investors who thief supply superior to Insight’s task funds.

Insight Partners has truthful acold kept specifications of nan breach nether wraps, including really galore individuals had information stolen, aliases provided a transcript of nan notification it sent to those affected erstwhile asked by TechCrunch. The institution has not said if it received an extortion request from nan hackers aliases if it paid nan hackers. (It’s not uncommon for companies to face demands for payment successful speech for nan hackers deleting aliases not publishing nan stolen data.)

Kristen Zeck, a spokesperson for Insight Partners, did not respond to emails pinch questions astir nan breach. 

The institution has much than $90 cardinal successful assets nether its guidance and has invested successful immoderate of nan largest cybersecurity companies today, including Databricks and Wiz.