Insight Partners Faces Epic Data Breach Fiasco: Thousands of Personal Records Stolen
Insight Partners is notifying 12,657 individuals about a ransomware attack where personal information was stolen. The culprit? A “sophisticated social engineering attack.” While Insight Partners manages over $90 billion in assets, it seems their cybersecurity budget might need an upgrade—perhaps a little less insight and a little more firewall!
Hot Take:
Insight Partners might want to invest in some cybersecurity stocks because they just got hacked harder than an old computer running Windows 95. After all, nothing says “sophisticated investment firm” quite like falling victim to an elaborate social engineering attack. While they say imitation is the sincerest form of flattery, getting your servers encrypted and your data exfiltrated is probably not what they had in mind. Maybe they should have invested in a good firewall instead of their 801st startup?
Key Points:
– Insight Partners suffered a ransomware attack due to a “sophisticated social engineering attack.”
– The breach led to the theft of sensitive data, including personal and financial information.
– Notification letters and complimentary credit monitoring services are being offered to affected individuals.
– No ransomware gangs have claimed responsibility for the attack (yet).
– The breach affects over 12,000 individuals and Insight Partners is working to resolve the issue.