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Allianz Life confirms data breach affecting majority of 1.4M US customers
MINNEAPOLIS (AP) — Hackers gained access to personal data on the majority of the 1.4 million customers of Allianz Life Insurance Company of North America, the company confirmed Saturday. Minneapolis-based Allianz Life, a subsidiary of Munich, Germany-based Allianz SE, said the data breach happened on July 16 when a 'malicious threat actor' gained access to a third-party, cloud-based system used by the company. 'The threat actor was able to obtain personally identifiable data related to the majority of Allianz Life's customers, financial professionals, and select Allianz Life employees, using a social engineering technique,' Allianz Life said in a statement. "We took immediate action to contain and mitigate the issue and notified the FBI." The company said its own systems were not accessed, just the third-party's platform. Allianz Life said its investigation is ongoing and that the company has begun reaching out to the impacted individuals. It said the incident involves only Allianz Life in the U.S., not other Allianz corporate entities. In the case of data breaches, a 'social engineering technique' usually involves using trickery to gain access. Spokesman Brett Weinberg said he couldn't provide details because they are still investigating. Allianz Life also reported the breach to multiple other authorities, including the Maine Attorney General's Office. A filing on the agency's website said the company discovered the breach the day after it happened, and that it will be offering those affected 24 months of identity theft protection and credit monitoring. Allianz Life was known as North American Life and Casualty until it was acquired by German conglomerate Allianz SE in 1979 and changed its name to Allianz Life Insurance Company of North America. It has nearly 2,000 employees in U.S., with the majority working in Minnesota, according to its website. It is one of five North American subsidiaries of the Munich-based global financial services group Allianz SE, which says it serves more than 125 million customers worldwide. Steve Karnowski, The Associated Press
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Sling Pilot Academy Partners with Sallie Mae to Support Aspiring Aviators with Access to Financing Solutions
LOS ANGELES, July 26, 2025 /PRNewswire/ -- Sling Pilot Academy, one of the nation's fastest-growing flight schools, announced a partnership today with Sallie Mae®, a leader in private student lending and education financing to provide flexible financing options for students pursuing careers in aviation. Through this partnership, prospective pilots attending Sling Pilot Academy will now have access to Sallie Mae's Airline Career Loan®, designed specifically for pilot training programs. This collaboration aims to make pilot training more accessible by helping students manage the cost of tuition and accelerate their path to the flight deck. Sling Pilot Academy, located in Southern California with 4 locations, offers an accelerated airline pilot training program that prepares students to become professional pilots in as little as 9 to 12 months. The academy is known for its innovative approach to flight instruction, including advanced aircraft, immersive curriculum, supportive community, and strong airline career pathways. "At Sling Pilot Academy, we are committed to lowering the barriers to entry for aspiring pilots," said Matt Liknaitzky, Co-CEO at Sling Pilot Academy. "By teaming up with Sallie Mae, we're not just expanding financial accessibility—we're investing in the future of aviation." For more information about Sallie Mae's financing options and Sling Pilot Academy's programs, visit: Media Contacts:Jay PriceDirector of Marketing & 424.203.4795 View original content to download multimedia: SOURCE Sling Pilot Academy Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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DOGE plans to use AI to identify 50% of 200,000 federal regulations that can be eliminated by Trump
Federal government agencies are reportedly using an artificial intelligence tool from Elon Musk's DOGE initiative to identify regulations to cut, with a goal of cutting about half from a list of 200,000 federal rules. The tool, the 'DOGE AI Deregulation Tool,' is already in use at the Department of Housing and Urban Development as well as the Consumer Financial Protection Bureau, The Washington Post reports. The U.S. Doge Service described using the tool to analyze about 200,000 regulations to find ones that officials believe are neither necessary nor legally required, with a goal of cutting half by next January and saving the government trillions of dollars in spending by the anniversary of Trump's inauguration, according to a PowerPoint presentation obtained by The Post. The DOGE tool has already been used to review more than 1,000 'regulatory sections' at the housing department, as well as to drive '100% of deregulations' at the consumer protection bureau, according to the presentation. The White House and the housing agency described the efforts as preliminary. 'The DOGE experts creating these plans are the best and brightest in the business and are embarking on a never-before-attempted transformation of government systems and operations to enhance efficiency and effectiveness,' an administration spokesperson told the newspaper. The Independent requested comment from the Consumer Financial Protection Bureau. Ohio gubernatorial candidate Vivek Ramaswamy, one of the architects of the DOGE program, once mused about mass-deleting federal spending by culling large numbers of government workers. 'If your Social Security number ends in an odd number, you're out. If it ends in an even number, you're in,' he said in an interview with podcaster Lex Fridman in September. 'There's a 50 percent cut right there. Of those who remain, if your Social Security number starts in an even number, you're in, and if it starts with an odd number, you're out. Boom. That's a 75 percent reduction done.' Musk left the Trump administration in May, and in that time, DOGE failed to achieve the trillion-dollar cuts to federal spending the billionaire suggested might be possible. The effort — housed in a government tech agency renamed as the U.S. DOGE Service via executive order signed by the president,— was met with sharp criticism from Democratic officials, as well as scores of lawsuits from agency employees and advocacy groups arguing the initiative flouted key parts of transparency rules, federal rule-making guidelines, and budget laws. In its first six months, the Trump administration implemented actions reducing regulatory costs by $86 billion and 52.2 million hours in paperwork, according to the American Action Forum.