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The data breach was only related to Allianz Life according to the German parent company. Hackers have stolen personal information of 1.4 million customers in North America and selected Allianz Life employees using a social engineering technique as said by its parent company.
"On July 16, 2025, a malicious threat actor gained access to a third-party, cloud-based CRM system used by Allianz Life Insurance Company of North America (Allianz Life)," Allianz said in a statement to the BBC.T
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