Apollo’s Recent Breach Exposed a Major Risk for Finance Firms. It Isn’t Malware
The hack offers one of the clearest examples yet of how social engineering can give bad actors access to critical systems.
Another company has been targeted in the latest wave of cyberattacks.
Apollo Global Management, the publicly traded asset manager, disclosed a data breach this week after hackers gained unauthorized access to certain cloud platforms last month.
The firm said its investigation found that the unauthorized access occurred between July 6 and July 10. The potentially compromised information included names, dates of birth, contact information, home addresses and social security numbers.
It’s the latest target in a wave of attacks.
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Recently, dozens of prominent U.S
Recently, dozens of prominent U.S. financial institutions and other businesses recently targeted by ransom-seeking hackers as part of a broader campaign involving voice phishing.
The technique uses AI-generated or manipulated voices in phone calls and messages to deceive employees into revealing sensitive information or providing access to corporate systems—a campaign Inc. reported on earlier this month.
However, T.J. Marlin, CEO of Guardrail Technologies, told Inc. this disclosure marks a real turning point. “Earlier this month we knew attackers were running targeted phone calls and credential-harvesting infrastructure against some of the most sophisticated financial institutions in the world,” he said.
Source: www.inc.com
