India, July 28 -- Data breaches are becoming increasingly commonplace these days, affecting people across the globe with leaked sensitive data, which puts them at unnecessary risk. Now, in the latest incident, around 1.4 million Americans have been affected after hackers gained access to the Allianz Life Insurance Company.

This comes after a report by CBS News confirmed that Allianz Life, a subsidiary of the Germany-based Allianz SE, on 16 July, was affected after a hacker gained access to a third-party system that the company uses.

Based on the report, the hacker was able to obtain data related to Allianz Life Insurance customers, select Allianz Life employees and more using a social engineering technique.

CBS News quoted the company ...