IdeaLab is notifying individuals impacted by a data breach incident last October when hackers accessed sensitive information.
Although the organization does not describe the type of attack, the Hunters International ransomware group has claimed the breach and leaked the stolen data on the dark web.
IdeaLab is a California-based technology startup incubator that since 1996 has launched over 150 companies, including GoTo.com, CitySeach, eToys, Authy, Pet.net, Heliogen, and Energy Vault.
Being one of the longest-running and influential venture capital firms in the U.S., the company has generated considerable economic impact, job creation, and investment value.
On October 7, 2024, IdeaLab detected suspicious activity on its network. Upon investigation, it was determined that threat actors had gained unauthorized access to its systems three days earlier.
The company contracted third-party services to help with the investigation, which finished on June 26 this year.
The results confirmed that data had been stolen from its systems, impacting current and former employees, current and former support service contractors, and their dependents.
In the sample notification shared with authorities, IdeaLab did not describe all the information exposed in the incident, saying only that the hackers accessed only names in combination with various other types of data.
On October 23, 2024, likely after a failed extortion attempt, Hunters International disclosed the data stolen from IdeaLab.
IdeaLab data leaked on the Hunters International website
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