Apollo Global Management Confirms Data Breach Amid Cyberattack on Financial Firms
Private equity firm Apollo Global Management has confirmed a data breach in which hackers accessed its cloud systems and stole personal information, including names, birth dates, contact details, and Social Security numbers. The incident occurred between July 6 and July 10 through a social engineering attack targeting employees. This follows recent warnings from security researchers about an ongoing cyberattack campaign against financial institutions and private equity firms. Hackers involved in the broader campaign—dubbed Falcon, Helix, Pink, and Redact—are using sophisticated phishing tactics to extort companies by stealing data and demanding ransoms or threatening public disclosure. Apollo is one of several major targets alongside Blackstone, Bridgewater, Bain Capital, and others. Some victims have reportedly paid up to $750,000 in ransom.
Topics: cybersecurity hacking private equity