Free Malaysia Today |
Ashley Madison parent in US$ 11.2 million settlement over data breach
Free Malaysia Today NEW YORK: The owner of the Ashley Madison adultery website said on Friday it will pay $ 11.2 million to settle U.S. litigation brought on behalf of roughly 37 million users whose personal details were exposed in a July 2015 data breach. Ruby Corp … |
The Federal Trade Commission (FTC) has demanded Ashley Madison pays a hefty finefor its failure to protect millions of its users’ data.
David Bisson reports.
A hefty judgement against Ashley Madison, the dating site for adulterers, is just the tip of the iceberg when it comes to penalties the company must pay as a result of the theft and public posting of its customers’ data when the company was hacked last year.
Ruby Corp., the parent company of Ashley Madison agreed to pay $ 8.75 million fine to the Federal Trade Commission and another $ 8.75 million to 13 states that also filed complaints. It will wind up paying just $ 1.6 million because it is strapped for assets.
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bnn.ca |
Ashley Madison still added 5M users after massive data breach, new CEO says
bnn.ca Chief Executive Officer Rob Segal says the site was still able to add five million new users since July 2015, and remains financially sound, boosting its total user base to almost 46.8 million, despite suffering a massive data breach last year that … |