Source: www.securityweek.com – Author: Eduard Kovacs
Private equity and venture capital company Insight Partners revealed on Tuesday that it was recently targeted in a cyberattack that involved unauthorized access to its information systems.
According to Insight Partners, hackers gained access to its systems through a sophisticated social engineering attack. The breach was detected on January 16, 2025, and the company believes the attacker was kicked out the same day.
However, the investment giant admitted that it will take several weeks to complete its investigation into the scope of the incident.
“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 said.
The statement, on the other hand, does suggest that personal or other sensitive data may have been compromised.
“We notified stakeholders connected to Insight in January to alert them and encourage vigilance and tightened security protocols irrespective of having shared data compromised,” Insight Partners said, adding, “Insight will update any impacted individuals once information becomes available during our investigation.”
No known ransomware group appears to have taken credit for the Insight Partners hack.
Insight Partners has invested in over 800 companies worldwide and has more than $90 billion in regulatory assets under management. It has invested in major cybersecurity firms such as Armis, Aqua Security, Checkmarx, Recorded Future, SentinelOne, and Wiz.
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Original Post URL: https://www.securityweek.com/vc-company-insight-partners-hacked/
Category & Tags: Data Breaches,cyberattack,data breach,Insight Partners,private equity,social engineering,venture capital – Data Breaches,cyberattack,data breach,Insight Partners,private equity,social engineering,venture capital
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