Allianz Life Data Breach Impacts Most of 1.4 Million US Customers

Allianz subsidiary said the information of customers, financial professionals and employees was compromised as a result of a hack.

A subsidiary of insurance giant Allianz was recently targeted by hackers in an attack that resulted in the personal information of many individuals being compromised. 

The hackers targeted Allianz Life Insurance Company of North America, specifically a third-party customer relationship management (CRM) system used by the company.

Allianz Life told SecurityWeek in an emailed statement that the attackers gained access to the cloud-based CRM on July 16 and obtained personally identifiable information on a majority of customers, financial professionals, and some employees.

“This incident is related only to Allianz Life in the US, which currently has 1.4 million customers,” the company said.

The life insurance firm shared little technical information on the incident, but it did note that the intrusion involved the use of an unnamed social engineering technique.

Allianz ...