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Allianz Life says hackers accessed private knowledge on nearly all of its 1.4 million US clients
Money

Allianz Life says hackers accessed private knowledge on nearly all of its 1.4 million US clients

Scoopico
Last updated: July 27, 2025 12:27 am
Scoopico
Published: July 27, 2025
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Hackers gained entry to private knowledge on nearly all of the 1.4 million clients of Allianz Life Insurance coverage Firm of North America, the corporate confirmed Saturday.

Minneapolis-based Allianz Life, a subsidiary of Munich, Germany-based Allianz SE, mentioned the info breach occurred on July 16 when a “malicious risk actor” gained entry to a third-party, cloud-based system utilized by the corporate.

“The risk actor was in a position to receive personally identifiable knowledge associated to nearly all of Allianz Life’s clients, monetary professionals, and choose Allianz Life workers, utilizing a social engineering approach,” Allianz Life mentioned in a press release. “We took fast motion to include and mitigate the difficulty and notified the FBI.”

The corporate mentioned its personal methods weren’t accessed, simply the third-party’s platform.

Allianz Life mentioned its investigation is ongoing and that the corporate has begun reaching out to the impacted people. It mentioned the incident entails solely Allianz Life within the U.S., not different Allianz company entities.

Within the case of knowledge breaches, a “social engineering approach” normally entails utilizing trickery to realize entry. Spokesman Brett Weinberg mentioned he couldn’t present particulars as a result of they’re nonetheless investigating.

Allianz Life additionally reported the breach to a number of different authorities, together with the Maine Legal professional Common’s Workplace. A submitting on the company’s web site mentioned the corporate found the breach the day after it occurred, and that will probably be providing these affected 24 months of id theft safety and credit score monitoring.

Allianz Life was generally known as North American Life and Casualty till it was acquired by German conglomerate Allianz SE in 1979 and adjusted its title to Allianz Life Insurance coverage Firm of North America. It has practically 2,000 workers in U.S., with the bulk working in Minnesota, in keeping with its web site.

It’s considered one of 5 North American subsidiaries of the Munich-based world monetary companies group Allianz SE, which says it serves greater than 125 million clients worldwide.

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