An article summarized by TechCrunch:
Private equity giant Apollo Global Management has confirmed that hackers breached its cloud systems and stole sensitive personal information. The attack took place between July 6th and July 10th and involved a social engineering scheme that gave hackers access to Apollo's cloud environment. The stolen data included names, birth dates, contact information, home addresses and Social Security numbers, though it remains unclear exactly whose information was affected.
The breach comes after Google security researchers warned of a broader hacking campaign targeting major financial and private equity firms. According to Google, the hackers use social engineering tactics, including posing as IT support representatives and convincing employees to enter passwords and multi-factor authentication codes into fake login portals. The attackers then steal corporate data and demand ransom payments, with some companies reportedly paying as much as $750,000.
Apollo, which manages about $938 billion in assets and has roughly 5,000 employees, has not said whether it paid a ransom or provided further details about the scope of the breach. Reuters previously reported that Apollo was among several major firms targeted in the campaign, alongside Blackstone, Bridgewater and Bain Capital, though it was initially unclear whether the hackers had successfully breached any of the companies.
