Venture capital giant Insight Partners hit by cyberattack

After discovering the breach, Insight Partners notified law enforcement in relevant jurisdictions and hired third-party cybersecurity experts to investigate its impact. "We are working diligently to determine the scope of the incident with the support of third-party cybersecurity experts, a leading forensic and eDiscovery expert, and external legal counsel which, as shared with stakeholders, will take several weeks," the company added. New York-based venture capital and private equity firm Insight Partners has disclosed that its systems were breached in January following a social engineering attack. Insight Partners has yet to share more information on the nature of the attack and whether company or partner data was accessed or stolen in the breach. Insight Partners added that no evidence was found that the attackers maintained access to its network after their presence was discovered. "We don't believe, based on what is known, there will be any material impact on portfolio companies, Insight funds or other stakeholders. The company manages over $90 billion in regulatory assets and has invested in over 800 software and technology startups and companies worldwide during its 30 years of activity. An Insight Partners spokesperson was not immediately available for comment when contacted by BleepingComputer earlier today.

This Cyber News was published on www.bleepingcomputer.com. Publication date: Tue, 18 Feb 2025 20:35:23 +0000


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