Key Takeaways:
- 1. Allianz Life Insurance Company of North America disclosed a data breach affecting the majority of its 1.4 million customers, involving a cloud-based CRM platform.
- 2. The breach was the result of a social engineering attack, with personal data such as Social Security numbers potentially exposed.
- 3. Cybersecurity experts warn of financially motivated hacking groups targeting insurance companies with social engineering tactics.
Allianz Life Insurance Company of North America has reported a data breach affecting most of its 1.4 million customers, stemming from a cloud-based CRM platform breach due to a social engineering attack. While the specific data compromised was not disclosed, sensitive information such as Social Security numbers could be at risk. Cybersecurity researchers highlight the trend of hacking groups targeting insurance companies using similar tactics. Allianz has taken steps to address the breach and notify affected individuals, with investigations ongoing.
Insight: The breach at Allianz highlights the vulnerability of insurance companies to cyberattacks, emphasizing the importance of proactive measures such as investing in data removal services, using identity theft protection, enabling two-factor authentication, and monitoring accounts for suspicious activity to safeguard personal information and prevent fraud.
This article was curated by memoment.jp from the feed source: Fox Scitech.
Read the full article here: https://www.foxnews.com/tech/allianz-life-insurance-data-breach-exposes-1-4-million-americans
© All rights belong to the original publisher.
