Hackers target major US private equity and financial firms

Ransom-seeking hackers used social engineering and phone calls to target dozens of prominent U.S. financial institutions over the past month. Companies including Blackstone, KKR, and Apollo Global Management were among those aimed at in a campaign designed to steal employee passwords and sensitive data.

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A logo of Blackstone is pictured in Manhattan, New York City, U.S. July 29, 2025. REUTERS/Mike Segar/File Photo

Ransom-seeking hackers targeted dozens of prominent United States financial institutions, including BLACKSTONE INC and APOLLO GLOBAL MANAGEMENT INC, using phone-based social engineering over the past month. Data from ALPHABET INC-CL A and internet intelligence platforms revealed the hackers created 72 malicious websites to harvest employee credentials. The campaign marks a shift toward high-value private equity and financial ratings targets where sensitive data often commands higher ransom payments.

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