Apollo Global reveals data breach after hackers target financial firms


FILE PHOTO: Apollo Global Management's logo at their office in Tokyo, Japan October 20, 2025. REUTERS/Miho Uranaka/File Photo

Aug 21 (Reuters) - Asset manager Apollo ⁠Global Management suffered a data breach last month in which ⁠hackers stole some personal information, according to a letter on Friday.

The ‌New York-based firm was among dozens of prominent U.S. 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 said its investigation found ⁠there was unauthorized access to ⁠certain cloud platforms between July 6 and July 10. The firm notified ⁠law ‌enforcement and engaged outside cybersecurity and forensic experts to investigate the breach.

The company earlier this month learnt that the information potentially impacted ⁠by the data breach included names, dates of birth, ​contact information, home ‌addresses, and social security numbers.

Internet intelligence data reviewed by Reuters had ⁠shown that hackers ​devised websites aimed at stealing passwords from employees of private equity firms and financial companies.

Low-tech tactics such as phone calls to target the financial industry still rank ⁠among the most effective ones despite the ​emergence of sophisticated security programs and AI-driven threats, according to experts.

Apollo's investigation remains ongoing and the firm hasn't found evidence that stolen information has been publicly ⁠posted or used for identity theft or fraud at this time.

Affected individuals whose information was stolen are being offered complimentary third-party identity protection and credit monitoring services by the firm, Apollo Global Head Of Human Capital Matthew ​Breitfelder said in the letter.

Cybercriminals had built digital ⁠traps for hundreds of companies recently, including ride-hailing company Uber and jeans brand ​Levi Strauss, Reuters reported earlier this month.

Uber Freight ‌and Levi Strauss earlier this month ​said they were investigating cybersecurity incidents involving unauthorized access to their systems.

(Reporting by Arasu Kannagi Basil in Bengaluru; Editing by Devika Syamnath)

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