Tech »  Topic »  VC behemoth Insight Partners fears top-secret financial info swiped by cyber-miscreants

VC behemoth Insight Partners fears top-secret financial info swiped by cyber-miscreants


Insight Partners, a mega venture capital firm with more than $90 billion in funds under management, fears network intruders got their hands on internal sensitive data about employees, portfolio companies, investors, and more.

In February, the biz informed folks that some miscreants had performed a "sophisticated social engineering attack" and gained access to Insight's servers. Insight said it detected the security breach on January 16, and third-party cyber-investigators were drafted in to determine what data, if any, had been accessed.

This week, Insight issued an update. "Based on our investigation to date, we understand that the impacted data may include certain fund, management company, and portfolio company information, banking and tax information, and certain personal information of our current and former employees, as well as information related to our limited partners," it said in a statement. Limited partners (LPs) are the big passive investors that plow money into VCs ...


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