Data Breaches Plague Financial Sector; US Warns of Chinese Cyber Threats

The financial industry is facing a wave of cybersecurity threats, with private equity firm Apollo confirming a significant data breach that exposed personal information including names, addresses, and social security numbers. This incident follows a broader trend of hackers targeting financial companies, as noted by Google researchers.

Meanwhile, the U.S. government is increasing its vigilance against foreign cyber threats, with the Idaho National Laboratory probing Chinese lidar technology for security vulnerabilities. Concerns are also mounting over potential Chinese cyberattacks on civilian infrastructure, as highlighted by a recent war game simulation involving the Chinese hacking group Volt Typhoon. The U.S. is also warning about potential vulnerabilities in Siemens devices, amid fears that Iran could be targeting water plants.