MINNEAPOLIS — Hackers gained entry to private information on the vast majority of the 1.4 million clients 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, mentioned the information breach occurred on July 16 when a “malicious menace actor” gained entry to a third-party, cloud-based system utilized by the corporate.
“The menace actor was capable of receive personally identifiable information associated to the vast majority of Allianz Life’s clients, monetary professionals, and choose Allianz Life staff, utilizing a social engineering approach,” Allianz Life mentioned in an announcement. “We took rapid motion to include and mitigate the difficulty and notified the FBI.”
The corporate mentioned its personal methods weren’t accessed, simply the third-party’s platform.
Allianz Life mentioned its investigation is ongoing and that the corporate has begun reaching out to the impacted people. It mentioned the incident includes solely Allianz Life within the U.S., not different Allianz company entities.
Within the case of information breaches, a “social engineering approach” normally includes utilizing trickery to achieve entry. Spokesman Brett Weinberg mentioned 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 Common’s Workplace. A submitting on the company’s web site mentioned the corporate found the breach the day after it occurred, and that it will likely be providing these affected 24 months of id 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 altered its identify 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 one in every of 5 North American subsidiaries of the Munich-based international monetary companies group Allianz SE, which says it serves greater than 125 million clients worldwide.
