Insight Partners, a prominent U.S.-based venture capital firm, has confirmed a cybersecurity breach that occurred in January. The breach was detected on January 16, when an "unauthorized third party" accessed certain information systems of the company through a sophisticated social engineering attack. Despite acknowledging the breach, Insight Partners remains reticent about the exact nature of the attack or whether any data was compromised.
The firm, which manages assets worth over $90 billion and has investments in notable cybersecurity companies like Armis and Wiz, reassured stakeholders that it anticipates "no additional disruption" to its operations following the incident. The company has informed its stakeholders about the breach and took swift action to address the issue.
"As soon as this incident was detected, we moved quickly to contain, remediate, and start an investigation within a matter of hours," Insight Partners stated.
However, Insight Partners has not disclosed specifics about the type of social engineering attack it faced. Furthermore, the company has not confirmed if any sensitive data was exfiltrated during the breach. Despite the lack of detailed information, Insight Partners maintains that it has "tightened security protocols irrespective of having shared data compromised."
Carly Page, a Senior Reporter at TechCrunch, reported on the breach earlier today. In response to inquiries from TechCrunch, Insight Partners' spokesperson Natalie Sawyer declined to comment on whether the incident disrupted business operations.
The firm issued a formal statement on Tuesday acknowledging the breach but remained silent on many critical aspects of the incident. This includes confirmation regarding the nature of the security breach and potential data theft.
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