Private Equity Firm Apollo Confirms Data Breach Amid Cyber Attacks on Financial Giants

Private equity firm Apollo Global Management has officially confirmed a data breach. The incident occurs amid a wider wave of cyber attacks targeting major financial giants. A sign for Apollo Global Management was photographed in New York, US. The photo was captured on Tuesday, December 5, 2023. During related commentary, the company's CEO discussed market strategies. The CEO noted that active managers face growing difficulty beating indexes in public markets. It was also stated that investors find it easier to secure alpha in private markets. The photography for the corporate signage was credited to Jeenah Moon through Bloomberg via Getty Images.