Hackers have stolen private data of a majority of insurance coverage agency Allianz Life’s 1.4 million prospects in North America, its guardian firm stated.
“On July 16, 2025, a malicious risk actor gained entry to a third-party, cloud-based CRM system utilized by Allianz Life Insurance coverage Firm of North America (Allianz Life),” Allianz stated in a press release to the BBC.
The German guardian firm added that the hackers have been “capable of get hold of personally identifiable information associated to the vast majority of Allianz Life’s prospects, monetary professionals, and choose Allianz Life workers, utilizing a social engineering method”.
The info breach was solely associated to Allianz Life, based on the corporate.
The insurance coverage large disclosed the information breach in a authorized submitting with the legal professional common within the US state of Maine.
It didn’t specify how many individuals had been affected.
Within the assertion, the insurance coverage firm stated it had taken “instant motion” to include the breach and had notified the FBI.
It stated that there was “no proof the Allianz Life community or different firm techniques have been accessed, together with our coverage administration system”.
Allianz – which has over 125 million prospects globally – added that it was within the strategy of contacting and aiding the people affected by the information breach.
A social engineering cyber-attack is when hackers strain or trick customers into gifting away delicate data, equivalent to by impersonating a trusted firm or individual.