Alliedbankers Insurance Corporation Allegedly Hit by Massive 80GB Data Breach

Major Philippine non-life insurer, Alliedbankers Insurance Corporation, is allegedly the latest victim of a significant data breach. A threat actor has claimed to possess 80GB of data from the company, releasing an initial 5GB sample on a known cybercrime forum. The initial post announced the breach and shared a link to the first batch of data, promising that a full dump of the company’s server would be made public soon.

Alliedbankers Insurance Corporation, a key player in the Philippine financial sector since 1960 and a member of the Lucio Tan Group of Companies, provides a wide array of insurance services including motor, fire, personal accident, and marine coverage. The potential exposure of sensitive data belonging to its numerous clients raises serious concerns. The breach could impact thousands of individuals and businesses who have entrusted their information to the insurer.

While the full contents of the 80GB server dump have not been verified, the initial files suggest a major compromise of the company’s systems. The allegedly leaked data may include:

• Customer personally identifiable information (PII)
• Insurance policy details and records
• Claims information and documentation
• Corporate financial data
• Internal company documents

This incident is currently developing. Alliedbankers Insurance Corporation has not yet released a public statement regarding the alleged breach.