Apollo Global Management confirms cloud data breach amid wave of financial sector hacks

Apollo Global Management confirmed a breach of its cloud infrastructure after hackers used a social-engineering scheme from July 6 to July 10 to gain entry. The attackers exfiltrated personal records, including names, dates of birth, contact data, home addresses and Social Security numbers, though the filing does not specify whose data was taken. The firm informed California’s attorney general via a letter, and its human-resources chief Matthew Breitfelder described the method used.

A spokesperson, Giovanna Falbo, did not immediately answer questions about a possible ransom payment. This breach arrives weeks after Google warned of an extortion campaign aimed at private-equity and financial giants such as Blackstone, Bridgewater and Bain Capital. The hackers, identified by names like Falcon and Helix, typically impersonate IT support to harvest credentials and then threaten to publish the data. Some victims of similar attacks have paid ransoms up to $750,000.