Insurance giant Allianz Life has confirmed suffering a cyberattack which saw it lose sensitive data on the “majority” of its customers, with over a million people at risk. The North American insurance giant said the attack happened on July 16, 2025, when a threat actor accessed a third-party, cloud-based CRM system the company uses.

On July 16, 2025, a malicious threat actor used social engineering to infiltrate a third‑party, cloud‑based CRM system used by Allianz Life Insurance Compa

Allianz subsidiary said the information of customers, financial professionals and employees was compromised as a result of a hack.