Apollo Global Management has confirmed a significant data breach, joining other financial giants targeted by cybercriminals. Hackers used social engineering to access the firm’s cloud systems, stealing sensitive personal information from July 6 to 10.

The incident highlights a broader hacking campaign targeting private equity firms and financial institutions, with Apollo one of several high-profile victims. While the extent of the breach is unclear, it underscores the growing threat of sophisticated cyberattacks on large corporations.

Security researchers at Google have identified hackers going by names like Falcon, Helix, Pink, and Redact. These criminals use social engineering tactics to trick employees into revealing passwords and access codes, allowing them to infiltrate corporate networks for ransom or data leaks.

Apollo’s spokesperson declined to comment on whether the firm paid a ransom in this case. With over 5,000 employees as of February 2026, Apollo is one of the largest private equity firms globally, managing assets worth $938 billion.

The hacker group has successfully extorted ransoms as high as $750,000 from other companies. This latest breach raises concerns about data security and the vulnerability of even the most robust financial institutions to cybercrime.