Unknown hacker groups are targeting major US financial and investment firms using voice phishing, where they call employees pretending to be coworkers or IT staff to steal login credentials. These groups, identified by Google as Falcon, Helix, Pink, and Redact, then threaten to leak stolen sensitive data to extort ransoms, often demanding between $750,000 and $3 million. The attacks focus on firms involved in mergers, acquisitions, and capital deployment to maximize the value of stolen information. Google suspects these groups may be part of a larger coordinated collective, UNC6671, and notes that one cryptocurrency wallet linked to them received about $10 million in Bitcoin this year. This ongoing cybercrime highlights the persistent risk of social engineering tactics despite advances in AI-driven attacks.
Apollo Global Management has named Partner Reed Rayman to lead its artificial intelligence-related deals, focusing on chip-based AI infrastructure investments. This move is part of Apollo's broader strategy to expand its digital infrastructure portfo...
Apollo Global Management reported record quarterly inflows of $60 billion, pushing its assets under management to $1.05 trillion. Nearly 60% of its capital is perpetual, with $82 billion in dry powder ready for deployment. Fee-related earnings hit a ...
Apollo Global Management reported strong second quarter results for 2026, driven by record earnings in its Asset Management and Retirement Services divisions. The company highlighted its leadership in modernizing private markets through enhanced tran...
Apollo Global Management's funds have acquired Maverick Water Group, a Houston-based developer and operator of alternative non-potable water systems serving Texas communities. Maverick's management retains a minority stake and will continue running t...
Apollo Global Management announced the establishment of a new strategic growth hub in Austin, Texas, focused on innovation, emerging technology, and expanding the firm's asset management and retirement solutions. The hub aims to incubate new business...
