VC giant Insight Partners notifies staff and limited partners after data breach | TechCrunch
Briefly

VC giant Insight Partners notifies staff and limited partners after data breach | TechCrunch
"According to its earlier notice, the stolen data included information about certain Insight Partners' funds, management companies, and portfolio companies. The hackers also took banking and tax information, the company said, as well as personal information about its current and former employees and its limited partners - the typically private and unnamed investors who help provide capital to Insight's venture funds."
"Insight Partners has so far kept details of the breach under wraps, including how many individuals had data stolen, or provided a copy of the notification it sent to those affected when asked by TechCrunch. The company has not said if it received an extortion demand from the hackers or if it paid the hackers. (It's not uncommon for companies to face demands for payment in exchange for the hackers deleting or not publishing the stolen data.)"
Insight Partners completed notifying individuals affected by a January data breach after finishing a review in August. The firm described the incident as a "social engineering attack." Stolen data included information about certain Insight Partners' funds, management companies, portfolio companies, banking and tax records, and personal information on current and former employees and limited partners. The firm has kept many breach details private, not disclosing the number of affected individuals, the notification content, whether it received extortion demands, or whether any payments were made. A spokesperson did not respond to emailed questions. Insight manages over $90 billion and has invested in major cybersecurity companies.
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