This Week in Breach News: 

Ransomware ventures into capital as a funding firm gets hit in California, a penetration test discovers that hackers have already been there at the University of Kentucky, two huge PII exposures and a snapshot of the 3 threats that are topping the charts so far in 2021.

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United States: Advanced Technology Ventures

Exploit: Ransomware

Advanced Technology Ventures: Capital Firm

Risk to Business: 1.207 = Extreme

Advanced Technology Ventures, a Silicon Valley venture capital firm with more than $1.8 billion in assets under its management, has disclosed that it was hit by a ransomware attack. The cybercriminals were able to steal personal information about the company's private investors. ATV said it became aware of the attack on July 9 after its servers storing financial information were encrypted by ransomware. By July 26, the company learned that its investor data had been stolen from the servers before the files were encrypted, a hallmark of the "double extortion" tactic used by ransomware groups.

Individual Risk: 1.326 = Extreme

Investor data was accessed by cybercriminals. ATV believes the names, email addresses, phone numbers and Social Security numbers of the individual investors in ATV's funds were stolen in the attack. Some 300 individuals were affected by the incident.


Customers Impacted: Unknown

How It Could Affect Your Business: Ransomware tactics like double and triple extortion allow cybercriminals to score even bigger paydays, making them very popular techniques.

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