Allianz Life confirmed that a data breach occurred in mid-July, causing the theft of personal information from most customers, financial professionals, and employees. The breach was linked to a third-party CRM system, accessed via social engineering tactics by hackers. Allianz Life has notified the FBI about the event and states there is no evidence of broader network compromise. The insurance firm joins other companies, like Aflac, facing breaches in the insurance sector, attributed to hacking groups using social engineering techniques.
On July 16, 2025, a malicious threat actor gained access to a third-party, cloud-based CRM system used by Allianz Life, referring to a customer relationship management (CRM) database containing information on its customers. The threat actor was 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.
Allianz Life is the latest company in the past month to have been hacked during a wave of data breaches targeting the wider insurance industry, including Aflac, a major provider of supplementary health insurance.
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