Allianz Life, a major insurance provider in North America, has fallen victim to a significant cyberattack, compromising personal data of over 1.4 million customers. The breach occurred on July 16 through a third-party cloud-based CRM system. Hackers used social engineering tactics to steal sensitive information belonging to customers, financial advisors, and employees. The parent company, based in Germany, confirmed the incident and stated that affected individuals are being contacted and supported. Allianz serves more than 125 million customers worldwide.
Hackers have stolen the personal data of most of 1.4 million customers of an insurance company in North America. The breach targeted Allianz Life, according to a recent statement from its parent company. (Source: BBC)
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