Private equity firm Apollo confirms data breach amid hacking wave targeting financial giants

Private equity elephantine Apollo Global Management has confirmed a information breach successful which hackers stole reams of idiosyncratic accusation from the company’s unreality systems. 

The breach comes a period aft information researchers sounded the alarm connected a caller hacking run targeting fiscal and backstage equity giants.

The fiscal elephantine confirmed the incidental in a missive filed with California’s lawyer general. Apollo’s quality resources main Matthew Breitfelder said that hackers utilized a societal engineering onslaught to summation entree to the company’s unreality situation betwixt July 6 and July 10. The hackers took names, commencement dates, interaction information, including location addresses, and Social Security numbers.

The missive does not specifically accidental who had their idiosyncratic accusation stolen, specified arsenic Apollo employees oregon individuals astatine companies it owns. Apollo is 1 of the world’s largest backstage equity firms with $938 cardinal successful assets nether its management.

When reached by TechCrunch, Apollo spokesperson Giovanna Falbo did not instantly supply remark oregon reply questions astir the incident, including whether the institution paid the hackers a ransom.

Apollo has astir 5,000 employees arsenic of February 2026, according to the company’s nationalist regulatory filings.

The now-confirmed hack comes weeks after information researchers astatine Google warned that hackers were targeting backstage equity companies and fiscal giants arsenic portion of a wide extortion campaign. Reuters reported that Apollo was 1 of the companies that hackers targeted, alongside Blackstone, Bridgewater, Bain Capital, and others, but that it was unclear if immoderate of the companies had been successfully breached.

Google says the hackers, who spell by assorted names — Falcon, Helix, Pink, and Redact — trust mostly connected societal engineering attacks that impact calling employees and pretending to beryllium IT helpdesks oregon support. The extremity is to instrumentality the employees into entering their passwords and multi-factor authentication codes successful spoofed login portals, which let the hackers to summation entree to firm networks.

After stealing data, the hackers past extort the companies into paying a ransom oregon endanger to people the information connected their leak site.

Some of the attacks netted the hackers ransoms arsenic overmuch arsenic $750,000, according to Google.

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