US-based venture capital firm Insight Partners confirmed that hackers had compromised their systems in January.
When TechCrunch reached, Insight Partner confirmed the cybersecurity incident in a statement released Tuesday. Calculist first reported the violation earlier in the day.
Insight Partner said in its statement that it detected that “fraudulent third parties” had access to “specific insight information systems through sophisticated social engineering attacks” on January 16th.
“As soon as this incident was detected, we moved quickly to begin containment, correction and investigation within hours,” the statement said.
The company has over $90 billion in assets under its control and has invested in a variety of cybersecurity companies, including Armis and Wiz, but says it has notified stakeholders of the violation.
Insight Partners has not confirmed the nature of the security incident and has not stated whether data has been stolen from the system. However, the company says it encourages partners to adopt “enhanced security protocols regardless of the sharing of compromised data.”
When asked by TechCrunch, Insight Partners spokesman Natalie Sawyer refused to answer TechCrunch questions, including whether the incident caused disruption to the business.
Insight said in a published statement it expects “no additional confusion” to its operations.
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