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Private equity firm Apollo confirms data breach amid hacking wave targeting financial giants

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Private equity firm Apollo confirms data breach amid hacking wave targeting financial giants

Private equity firm Apollo has confirmed a data breach. The incident comes weeks after Google researchers disclosed that hackers were actively targeting financial companies in a broader campaign.

Why it matters: Private equity clients, investors, and portfolio companies of Apollo face exposure of sensitive deal and financial data; practitioners managing PE firm security should expect similar targeting of other financial institutions and review their own incident response readiness.

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