Apollo Global reveals data breach after hackers target financial firms
The New York-based firm was among dozens of prominent US financial institutions and other businesses that were recently targeted by ransom-seeking hackers who use phone calls to compromise their victims, Reuters reported earlier this month.
Apollo Global Management, a New York-based firm, has revealed that it suffered a data breach last month. The breach occurred between July 6 and July 10, when hackers gained unauthorized access to some of the company's cloud platforms. According to Investing.com and PYMNTS, the breach was part of a larger campaign targeting prominent US financial institutions and other businesses.
The stolen information may include names, dates of birth, contact information, home addresses, and Social Security numbers. According to PYMNTS, Apollo Global Management has found no evidence that the information has been publicly posted or used for identity theft or fraud. The company has notified law enforcement and engaged outside cybersecurity and forensic experts to investigate the breach.
The hackers used a social engineering attack, specifically a voice phishing campaign, to compromise their victims, as reported by PYMNTS and Investing.com. This type of attack uses phone calls to target financial services, private equity, and professional services firms, and can lead to data theft extortion. Apollo Global Management's investigation is ongoing.
Brief written by urgent.news from Economic Times Tech, PYMNTS, Investing.com — 3 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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