News Summary

Venture capital firm Insight Partners has experienced a significant data breach resulting from a ransomware attack that compromised personal information of thousands, including staff, limited partners, and portfolio companies. The breach, which occurred in mid-October 2024, involved hackers exfiltrating data from the firm’s servers and encrypting systems by January 2025. Although the specific details of the stolen data have not been disclosed, Insight Partners has confirmed that banking, tax information, and personal data of employees and limited partners were affected. The firm, which manages over $90 billion in assets, joins other venture firms that have faced similar cyber attacks in recent years.