Facebook with Latestnigeriannews  Twieet with latestnigeriannews  RSS Page Feed
Home  |  All Headlines  |  Punch  |  Thisday  |  Daily Sun  |  Vanguard   |  Guardian  |  The Nation  |  Daily Times  |  Daily Trust  |  Daily Independent
World  |  Sports  |  Technology  |  Entertainment  |  Business  |  Politics  |  Tribune  |  Leadership  |  National Mirror  |  BusinessDay  |  More Channels...

Viewing Mode:

Archive:

  1.     Tool Tips    
  2.    Collapsible   
  3.    Collapsed     
Click to view all Entertainment headlines today

Click to view all Sports headlines today

Sequoia Capital, one of Silicon Valley's most notable VC firms, told investors it was hacked

Published by Business Insider on Sat, 20 Feb 2021


<p><img src="https://static2.businessinsider.com/image/5f444d4f89aff80028ab7a9f-1777/sequoia capital by katie canales:business insider.jpg" border="0" alt="Sequoia Capital" data-mce-source="Katie Canales/Business Insider"></p><p></p><bi-shortcode id="summary-shortcode" data-type="summary-shortcode" class="mceNonEditable" contenteditable="false">Summary List Placement</bi-shortcode><p>One of Silicon Valleys oldest and <a href="https://www.businessinsider.com/sequoia-capital-recent-fund-returns-2020-12">most venerable VC firms</a> was hacked.</p><p>Sequoia Capital told its investors on Friday that some personal and financial information may have been accessed by a third party after one of its employees fell victim to a successful phishing attack, according to a<a href="https://www.axios.com/sequoia-capital-says-it-was-hacked-590dcdd6-fe49-46c6-8422-60a944272302.html"> report in Axios</a> Friday.&nbsp;</p><p>Sequoia told investors that it has not yet seen any indication that compromised information is being traded or otherwise exploited on the dark web, Axios reported.</p><p>A Sequoia spokesperson did not immediately return Business Insiders request for comment, but confirmed to Axios Friday that it had recently experienced a cybersecurity incident that its security team was investigating. It had also notified law enforcement and was working with outside cybersecurity experts, the firm said.</p><p>"We regret that this incident has occurred and have notified affected individuals, A Sequoia spokesperson told Axios. We have made considerable investments in security and will continue to do so as we work to address constantly evolving cyber threats."</p><p>Sequoias investors are called <a href="https://www.businessinsider.com/the-secondary-market-for-vc-limited-partner-stakes-frozen-now-2020-5">limited partners</a>, and typically include large financial institutions such as university endowments, private family wealth offices, or sovereign wealth funds, but rarely do firms share information about their investors publicly.</p><p>Sequoia Capital is one of Silicon Valleys oldest and most successful venture capital firms with more than $38 billion in assets under management, <a href="https://my.pitchbook.com/profile/11295-73/investor/profile">according to Pitchbook data</a>. The <a href="https://www.businessinsider.com/sequoia-startup-advice-during-financial-crisis-2020-3">49-year-old venture capital firm </a>has invested in companies such as Airbnb, DoorDash, and 23andMe. It has also invested in cybersecurity companies like FireEye and Carbon Black, according to its website.&nbsp;</p><p>It does not appear that the hack was connected to the <a href="https://www.businessinsider.com/inside-solarwinds-cyberattacks-fireeye-carmakal-hackers-2020-12">Solarwinds attacks</a>, which included a <a href="https://www.businessinsider.com/fireeye-hacked-nation-state-red-team-fbi-2020-12">larger breach of FireEye</a> and has impacted government agencies and large technology companies like Microsoft.</p><p><strong>SEE ALSO:&nbsp;<a href="https://www.businessinsider.com/top-vcs-startups-healthcares-ipo-market-spac-direct-listing-2021-2" >Entrepreneurs have never had more options to exit their companies, but 4 top healthcare VCs are cautioning founders against public debuts before they're ready</a></strong></p><p><a href="https://www.businessinsider.com/vc-firm-sequoia-capital-told-investors-it-was-hacked-2021-2#comments">Join the conversation about this story &#187;</a></p> <p>NOW WATCH: <a href="https://www.businessinsider.com/what-its-like-make-beer-with-picobrew-c-home-brew-2020-3">We tested a machine that brews beer at the push of a button</a></p>
Click here to read full news..

All Channels Nigerian Dailies: Punch  |  Vanguard   |  The Nation  |  Thisday  |  Daily Sun  |  Guardian  |  Daily Times  |  Daily Trust  |  Daily Independent  |   The Herald  |  Tribune  |  Leadership  |  National Mirror  |  BusinessDay  |  New Telegraph  |  Peoples Daily  |  Blueprint  |  Nigerian Pilot  |  Sahara Reporters  |  Premium Times  |  The Cable  |  PM News  |  APO Africa Newsroom

Categories Today: World  |  Sports  |  Technology  |  Entertainment  |  Business  |  Politics  |  Columns  |  All Headlines Today

Entertainment (Local): Linda Ikeji  |  Bella Naija  |  Tori  |  Pulse  |  The NET  |  DailyPost  |  Information Nigeria  |  Gistlover  |  Lailas Blog  |  Miss Petite  |  Olufamous  |  Stella Dimoko Korkus Blog  |  Ynaija  |  All Entertainment News Today

Entertainment (World): TMZ  |  Daily Mail  |  Huffington Post

Sports: Goal  |  African Football  |  Bleacher Report  |  FTBpro  |  Kickoff  |  All Sports Headlines Today

Business & Finance: Nairametrics  |  Nigerian Tenders  |  Business Insider  |  Forbes  |  Entrepreneur  |  The Economist  |  BusinessTech  |  Financial Watch  |  BusinessDay  |  All Business News Headlines Today

Technology (Local): Techpoint  |  TechMoran  |  TechCity  |  Innovation Village  |  IT News Africa  |  Technology Times  |  Technext  |  Techcabal  |  All Technology News Headlines Today

Technology (World): Techcrunch  |  Techmeme  |  Slashdot  |  Wired  |  Hackers News  |  Engadget  |  Pocket Lint  |  The Verge

International Networks:   |  CNN  |  BBC  |  Al Jazeera  |  Yahoo

Forum:   |  Nairaland  |  Naij

Other Links: Home   |  Nigerian Jobs