Enterprise capital agency Perception Companions has notified 1000’s of individuals, together with the agency’s restricted companions, that their private info was stolen by hackers in an earlier data breach.
In an announcement on September 4, the VC big stated it accomplished its assessment earlier in August following its data breach, which it described as a “social engineering assault” with out additional rationalization.
The enterprise agency has now stated in a proper data breach notification filed with California’s legal professional basic this week that the hackers broke in throughout mid-October 2024 to the corporate’s human sources system. It stated the hackers exfiltrated information from Perception’s servers and commenced encrypting the programs on January 16, 2025, a trademark of a ransomware assault.
Perception individually additionally informed the Maine legal professional basic this week in an official discover that the ransomware assault impacts greater than 12,600 individuals.
Neither of the data breach notification letters disclosed what particular private information was taken from Perception’s programs.
However in line with the corporate’s earlier assertion, the stolen information included details about sure Perception Companions’ funds, administration corporations, and portfolio corporations. The hackers additionally took banking and tax info, the corporate stated, in addition to private details about its present and former workers and its restricted companions — the usually non-public and unnamed traders who assist present capital to Perception’s enterprise funds.
Perception Companions has stated little else in regards to the data breach, comparable to whether or not the corporate acquired an extortion demand from the hackers or if it paid the hackers. (It’s not unusual for corporations to face calls for for fee in change for the hackers deleting or not publishing the stolen information.)
Kristen Zeck, a spokesperson for Perception Companions, didn’t reply to emails with questions in regards to the breach despatched previous to publication.
The corporate has greater than $90 billion in belongings below its administration and has invested in among the largest cybersecurity corporations at the moment, together with Databricks and Wiz.
Perception Companions joins a handful of different enterprise companies lately to have been hacked.
Silicon Valley enterprise agency Superior Expertise Ventures was hit by a ransomware assault in 2021, the identical 12 months that Sequoia Companions skilled a data breach. Each incidents allowed hackers to swipe private info of their companies’ restricted companions.
Up to date on September 17 with further particulars in regards to the ransomware assault.
