Hackers Hit A Major US Insurance Firm Exposing Details Of Nearly 1.4M Customers

Allianz Life, an insurance company based in the U.S. has disclosed that a large-scale attack on its security infrastructure has resulted in a data breach that impacted about 1.4 million customers.

The company stated that malicious actors were able to “obtain personally identifiable data related to the majority of Allianz Life's customers, financial professionals, and select Allianz Life employees, using a social engineering technique." Immediately after the breach was discovered, it reported the incident to the FBI. Concerning the level of damage inflicted by the hackers, Allianz Life has assured customers that there is no evidence that its "network or other company systems" have been compromised.

While Scattered Spider has been linked to attacks on several insurance companies in the U.S., security researchers have traced this particular attack to the ShinyHunters extortion group, which is known for using social engineering techniques to lure victims into compromising ...