Zack Whittaker reports:
U.S. insurance giant Allianz Life has confirmed to TechCrunch that hackers stole the personal information of the “majority” of its customers, financial professionals, and employees during a mid-July data breach.
The company disclosed the data breach on Saturday in a legally required filing with Maine’s attorney general, but did not immediately provide a number of how many Allianz Life customers are affected. Its parent company, Allianz, has more than 125 million private and corporate customers worldwide, according to its website.
When reached by TechCrunch, Allianz Life spokesperson Brett Weinberg confirmed the breach.
“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,” the spokesperson said.
Read more at TechCrunch.
Update: CBS is reporting that it is the majority of 1.4 million customers of Allianz Life Insurance Company of North America who are affected.