Skip to comments.Ashley Madison parent in $11.2 million settlement over data breach
Posted on 07/17/2017 6:32:02 AM PDT by ncfool
Ruby Corp., formerly known as Avid Life Media, denied wrongdoing in agreeing to the preliminary class-action settlement. the breach cost privately held Ruby more than a quarter of its revenue, and prompted the Toronto-based company to spend millions of dollars to improve security and user privacy.
(Excerpt) Read more at cnbc.com ...
This is a great settlement for the attorneys and the company.
It’s amazing to me how much revenue this ‘company’ must pull in. It’s a sad commentary on society.
Noel Biderman was CEO from 2007 to 2015. His tenure ended in the wake of the Ashley Madison data breach.
Current and former subsidiaries include:
- Ashley Madison, a site for arranging affairs between married men and women
- Hot or Not, formerly AmIHotOrNot, a rating site co-founded by James Hong and Jim Young
- ManCrunch, an online dating website aimed at homosexual male relationships
I wish there as also some way to punish them for their deceptive “MyMArriageMatters” website, which was created because TV stations refused to run ads for their site.
I think Hannity used to do ads for this site and another sleazy one- where people would pay to date someone - i cannot even remember the name of it. That is one company he should have refuse to take ads from. (I think it was something like “WhatsMyPrice.com” or something)
The “MyMArriageMAtters” was only a way to get people to go check out “AshelyMadison” because they mentioned them by name.
It has been determined that over 99.7% of the “female clients” are fake. Most female profiles that have been created have never had their messages checked.
Well, good thing I wasn’t a customer...
The people who were actually single will claim the money.
Also couples where both partners were adulterous.
Prostitutes who were using the system to find Johns will take the money.
And of course, adulterers who were outed have nothing at all to lose by taking the money now. It can be a peace offering.
Yeah, lucky thing. It's sad. Jeez, who can you trust these days? (to safeguard your very personal info)
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.