Top US hedge funds targeted by major vishing campaign — Blackstone, KKR and CME among those under fire

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  • Google’s Threat Intelligence team links BlackFile (now Redact) to phishing and extortion attacks on major hedge funds and law firms
  • Group impersonates IT staff by phone, steering victims to spoofed login pages to steal SaaS credentials and tokens, then exfiltrates sensitive data
  • Targets include Blackstone, KKR, Apollo, CME Group, and firms like Paul Hastings; Google tracked $10.7 million flowing into 18 crypto wallets between January–May 2026

Some of the biggest US hedge funds and law firms have been targeted by a highly sophisticated data breach and extortion campaign, conducted by a group of criminals previously known as BlackFile, experts have warned.

BlackFile (or Redact, as the group is now calling itself) has a relatively simple modus operandi, also used by ShinyHunters - they call their targets on the phone (usually employees with access to SaaS systems), identify as IT staff, and direct victims to convincing, lookalike login pages designed to...

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