Allianz Life Confirms Data Breach Affecting 1.4M US Customers

Allianz Life Insurance Company of North America confirmed a data breach on July 16, 2025, in which hackers accessed personally identifiable information of approximately 1.4 million U.S. customers, financial professionals, and select employees through a third-party cloud-based customer relationship management system. The breach was executed using social engineering tactics by a malicious threat actor, and Allianz Life reported the incident to the FBI and multiple authorities, including the Maine Attorney General's Office. The company has stated that its internal systems were not compromised and has begun notifying affected individuals, offering 24 months of identity theft protection and credit monitoring. This incident is part of a broader wave of sophisticated cyberattacks targeting the insurance sector, linked to the hacker collective Scattered Spider. Allianz Life emphasized the breach is isolated to its U.S. operations and did not indicate any ransom demands or financial liabilities at this time. The breach raises significant concerns about cybersecurity in financial services and the need for robust protections against evolving threats.