Google and data: hackers used phone calls, phishing websites, and "meticulous" tactics to target dozens of US PE firms and other businesses over the past month (Reuters)

A sophisticated threat actor has orchestrated a coordinated campaign targeting dozens of U.S. private equity firms and other financial institutions using multi-vector attacks combining phone-based social engineering, phishing websites, and meticulous reconnaissance tactics. This represents a significant escalation in targeting high-value organizations and demonstrates that traditional security controls are insufficient against determined adversaries willing to invest substantial effort in reconnaissance and personalized attacks. IT leaders must recognize that financial services and PE firms are prime targets and that human-centric attack vectors remain a critical vulnerability despite technological defenses.