A Silicon Valley VC firm with $1.8B in assets was hit by ransomware

Advanced Technology Ventures, a Silicon Valley venture capital firm with more than $1.8 billion in assets under its management, was hit by a ransomware attack in July that saw cyber-criminals steal personal information on the company’s private investors, or limited partners (LPs). In a letter to the Maine attorney general’s office, ATV said it became aware of the attack on July 9 after its servers storing financial information had been encrypted by ransomware.

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