Insurance coverage firm Allianz Life has confirmed that the non-public info for the “majority” of its 1.4 million prospects was uncovered in an information breach that occurred earlier this month.
“On July 16, 2025, a malicious menace actor gained entry to a third-party, cloud-based CRM system utilized by Allianz Life Insurance coverage Firm of North America (Allianz Life),” an Allianz Life spokesperson advised BleepingComputer.
“The menace actor was capable of acquire personally identifiable knowledge associated to nearly all of Allianz Life’s prospects, monetary professionals, and choose Allianz Life workers, utilizing a social engineering approach.”
“We took instant motion to comprise and mitigate the difficulty and notified the FBI. Based mostly on our investigation to-date, there isn’t any proof the Allianz Life community or different firm methods had been accessed, together with our coverage administration system.”
“Our investigation is ongoing and we started the method of reaching out to people impacted with devoted sources to help them. This incident is said solely to Allianz Life, which presently has 1.4 million prospects.”
Allianz Life is a US-based supplier of annuities and life insurance coverage for over 1.4 million Individuals. The corporate is owned by Allianz SE, a world monetary providers group headquartered in Germany, serving greater than 128 million prospects.
The corporate first revealed the breach in a compulsory submitting with Maine’s Lawyer Basic’s Workplace on Saturday, issuing a placeholder notification alerting of the breach.
“The buyer discover shall be offered as soon as Allianz has recognized the affected people,” reads the placeholder notification.
Whereas Allianz Life declined to reply questions concerning the menace actor and whether or not they had been being extorted, BleepingComputer has realized that the assault is believed to have been carried out by the ShinyHunters extortion group.
ShinyHunters is a bunch of menace actors who’re linked to a number of high-profile knowledge breaches and assaults, together with these in opposition to PowerSchool and the SnowFlake assaults, which impacted Santander, Ticketmaster, AT&T, Advance Auto Elements, Neiman Marcus, and Cylance.
Whereas a number of ShinyHunters members have been arrested over the previous few years, together with a latest arrest in France, the hacking group continues to conduct assaults.
Final month, Mandiant warned that ShinyHunters had begun to goal Salesforce CRM prospects in social engineering assaults.
Throughout these assaults, the hackers impersonate IT help personnel, requesting the focused worker settle for a connection to Salesforce Information Loader, a consumer software that enables customers to import, export, replace, or delete knowledge inside Salesforce environments.
As soon as the connection is accepted, the menace actors use Salesforce Information Loader to exfiltrate knowledge from Salesforce, which is then used to extort the corporate.
BleepingComputer requested Allianz Life if the CRM is Salesforce, however the spokesperson declined to remark.
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