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Insurance giant says most US customer data stolen in cyber-attack

July 26, 2025

Allianz Life Insurance Company of North America experienced a major data breach on July 16, 2025, when hackers used social engineering techniques to access a third-party cloud-based CRM system. The breach compromised personally identifiable information of most of Allianz Life's 1. 4 million North American customers, along with data from financial professionals and select employees.

Who is affected

  • Majority of Allianz Life's 1.4 million customers in North America
  • Financial professionals working with Allianz Life
  • Select Allianz Life employees
  • Allianz Life Insurance Company of North America (as an organization facing reputation and security concerns)

What action is being taken

  • Allianz has taken "immediate action" to contain the breach
  • The company has notified the FBI about the incident
  • Allianz is in the process of contacting affected individuals
  • The company is providing assistance to people impacted by the breach

Why it matters

  • Personal identifiable information of over a million customers has been compromised
  • The breach affected a major insurance company with a global customer base of over 125 million
  • The attack used social engineering techniques to gain access to sensitive data
  • The incident demonstrates vulnerabilities in third-party cloud-based systems used by major financial institutions

What's next

  • No explicit next steps stated in the article

Read full article from source: BBC

Insurance giant says most US customer data stolen in cyber-attack