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Hackers targeted US private equity, other firms including Blackstone, CME, data shows

The data shows the hackers devised websites aimed at stealing passwords from employees of private equity firms and companies including Blackstone, Bridgewater Associates, Apollo Global Management, Bain Capital, KKR, TPG, CME Group and Moody's, as well as a host of financial companies and other businesses. Internet company Google said in a blog post about the hacking campaign published on Thursday…

Hackers targeted US private equity, other firms including Blackstone, CME, data shows

Hackers targeting U.S. financial institutions and private equity firms have been using phone calls, along with low-tech tactics, to compromise their victims. The hackers have targeted dozens of prominent U.S. financial institutions and businesses, including Blackstone, Bridgewater Associates, Apollo Global Management, Bain Capital, KKR, TPG, CME Group, and Moody's.

Google, a unit of Alphabet, reported that the hackers operate under various names, such as Redact, Pink, Falcon, and Helix. These hackers target industries based on financial calculations, often successfully, as they believe the firms or organizations have sensitive data that, if taken, would result in a ransom payment. Google also noted that the hackers use meticulous social engineering tactics, such as impersonating IT help desk representatives on personal cellphones to demand urgent passkey or multifactor authentication updates.

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