Apollo Global Management disclosed a social engineering attack that led to unauthorized access to some cloud platforms between July 6 and July 10, exposing personal data including names, birth dates, contact details, addresses, and Social Security numbers. The company has found no evidence of public data posting or identity theft but continues to investigate. This incident highlights the growing threat of sophisticated fraud tactics targeting financial firms, as noted by cybersecurity experts and the FBI. Apollo has notified law enforcement, engaged cybersecurity experts, and enhanced security protocols to address the breach and prevent future attacks.
Apollo Global Management is close to acquiring a 16% economic stake in the New York Yankees, valuing the franchise at more than $12 billion. The deal involves an initial 8% stake with preferred shares convertible to an additional 8% after four years,...
Blackstone's dividend yield often appears attractive on screeners, showing over 4%, but the actual dividend payments fluctuate each quarter based on the firm's distributable earnings, which depend on fee-related earnings, performance revenues, and as...
