Allianz Life Says Majority of Customers’ Data Stolen in Breach

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Allianz Life Insurance Company of North America said it suffered a system breach on July 16 that affected a majority of its 1.4 million customers.

A “malicious threat actor” gained access to a third-party, cloud-based system used by Allianz and obtained personally identifiable data related to the majority of customers as well as financial professionals and some employees, the insurer said in an emailed statement.

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