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Cybercriminals are always looking for new companies to attack, and the insurance industry seems to be a favorite. Insurance companies are lucrative targets because of the vast amounts of personal, financial and medical information they collect and store.
Only recently, U.S. insurance giant American Family Life Assurance Company (Aflac) confirmed it was among the victims of a notorious cyber gang . Now, another insurance provider has fallen prey to a data breach. Allianz Life Insurance Company of North America has disclosed a breach that exposed personal information belonging to the "majority" of its 1.4 million customers.
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