Allianz Life Confirms Data Breach Affecting Majority of 1.4 Million Customers

Hackers accessed personal data belonging to most of Allianz Life's 1.4 million U.S. customers on July 16 through a social engineering attack on a third-party cloud system. The Minneapolis-based insurance company discovered the breach the next day and immediately contacted the FBI.

While Allianz Life's own systems weren't compromised, the attackers obtained personally identifiable information from customers, financial professionals, and some employees. The company is offering affected individuals 24 months of free identity theft protection and credit monitoring. This incident only impacts the U.S. subsidiary, not other Allianz entities worldwide.

Source: CBS News