MINNEAPOLIS — Hackers gained entry to non-public information on nearly all of the 1.4 million prospects of Allianz Life Insurance coverage Firm of North America, the corporate confirmed Saturday.
Minneapolis-based Allianz Life, a subsidiary of Munich, Germany-based Allianz SE, stated the info breach occurred on July 16 when a “malicious risk actor” gained entry to a third-party, cloud-based system utilized by the corporate.
“The risk actor was in a position to acquire personally identifiable information associated to nearly all of Allianz Life’s prospects, monetary professionals, and choose Allianz Life staff, utilizing a social engineering method,” Allianz Life stated in a press release. “We took speedy motion to include and mitigate the difficulty and notified the FBI.”
The corporate stated its personal techniques weren’t accessed, simply the third-party’s platform.
Allianz Life stated its investigation is ongoing and that the corporate has begun reaching out to the impacted people. It stated the incident includes solely Allianz Life within the U.S., not different Allianz company entities.
Within the case of knowledge breaches, a “social engineering method” often includes utilizing trickery to realize entry. Spokesman Brett Weinberg stated he could not present particulars as a result of they’re nonetheless investigating.
Allianz Life additionally reported the breach to a number of different authorities, together with the Maine Legal professional Basic’s Workplace. A submitting on the company’s web site stated the corporate found the breach the day after it occurred, and that will probably be providing these affected 24 months of identification theft safety and credit score monitoring.
Allianz Life was referred to as North American Life and Casualty till it was acquired by German conglomerate Allianz SE in 1979 and adjusted its title to Allianz Life Insurance coverage Firm of North America. It has almost 2,000 staff in U.S., with the bulk working in Minnesota, according to its website.
It’s considered one of 5 North American subsidiaries of the Munich-based world monetary providers group Allianz SE, which says it serves greater than 125 million prospects worldwide.
