Ashley Madison says site is ‘still growing’

31 Aug 2015 | Author: | No comments yet »

Ashley Madison Courted Buyers, Landed None Before Attack.

The move came just days after authorities in the US and Canada, where Avid Life is based, launched a probe to track down those responsible for hacking the Ashley Madison site and related extortion attempts.Russian-speaking hackers have breached 97 websites, mostly dating-related, and stolen login credentials, putting hundreds of thousands of users at risk.TORONTO (Reuters) – The proprietor of adultery web site Ashley Madison had already been struggling to promote itself or increase funds for at the very least three years earlier than the publication of particulars about its members, based on inner paperwork and emails additionally launched by hackers as a part of their assault on the corporate in current weeks.In an article for the International Business Times, the eccentric creator of McAfee antivirus software alleges that the extramarital relationship website was breached by a “lone female who worked for Avid Life Media.” It’s those internal documents — including such mundane items as maintenance schedules and an office layout — that McAfee claims led to him to conclude the breach was an inside job, not the work of outside hackers to whom the information would be of little value.

Avid Life Media Inc., the parent company of infidelity website Ashley Madison, said on Friday that its chief executive had left the company by mutual agreement. Noel Biderman’s departure “is in the best interest of the company and allows us to continue to provide support to our members and dedicated employees,” the company said in a statement. Many of the websites are niche dating ones similar to Ashley Madison, according to a list compiled by Hold Security, a Wisconsin-based company that specializes in analyzing data breaches. As for the notion that the hacker was a female, McAfee references lines from manifestos released by the Impact Team that refer to men as “scumbags” and name two site users who joined Ashley Madison the day after Valentine’s Day. “To call an act the day after Valentines Day “spiteful” is a thought that would enter few men’s minds.

Last week, technology website Gizmodo said it analysed Ashley Madison’s leaked user data and concluded that only a small percentage of the accounts supposedly belonging to women were active, with millions of female users believed to be inactive or possibly fake. Two people have reportedly taken their own lives as a result of the hack and police have seen an increase in attempts by criminals to blackmail people on the list. And, according to the source, the security services around the world would be doing much the same – only with the aim of obtaining intelligence, rather than money. In an April 2015 letter addressed to all its buyers, closely-held Avid Life acknowledged that some buyers had pressed it to enhance liquidity so they might promote shares.

The controversial security expert is as famous for his technical know-how as he is infamous for a number of colourful brushes with the law including being arrested for a DUI while carrying a weapon and being accused of murder — though never charged — in Belize. “My spidey senses would tell me that it was highly possible if not probable that there was an insider at least playing a part in the breach,” said Greg Thompson, vice president of operational governance for Scotiabank. The corporate stated it will purchase again as much as $10 million value of shares. “During the last couple of years, we’ve not been profitable in exploring numerous options together with a sale of the enterprise and looking for debt from third events,” stated the letter signed by the board of administrators. James Arlen, director of risk and advisory services for Leviathan security group, also didn’t discount the possibility of an internal breach by a disgruntled employee.

None of the dating sites are nearly as prominent as Ashley Madison, which saw sensitive company information, emails, internal documents and details of 30 million registered users released in a devastating data breach. Toronto-based cybersecurity expert Dave Lewis said there’s a chance McAfee is right, but noted that his analysis didn’t address all of the possibilities. “It would certainly be easier for an internal person, but the flip side is that their security could have been so abjectly horrible that the attacker was external and was able to get away with murder,” he said. “Whether it was internal or external is really immaterial,” he said. “It’s the fact that they were able to get that level of access means that there were either broken controls or broken trust.” In some particularly unsavoury cases, their sexual preferences – presumably inputted under the assumption that the particulars wouldn’t surface – were laid bare. Billionaire investor Warren Buffett’s company has amassed a stake worth nearly $4.5 billion in Phillips 66 more than a year after trading a chunk of its holding in the oil refiner for a chemical business investment. In late 2013, the Omaha, Neb., company agreed to trade about $1.4 billion of its Phillips 66 stock for one of the refiner’s businesses that makes additives to help crude oil flow through pipelines.

They also said this week that they had confirmed cases of extortion of Ashley Madison clients, in which the clients were threatened with exposure unless they paid 300 Canadian dollars ($US227). The information includes a list of websites and their software vulnerabilities, along with some notes written in Russian, said Holden, a native Russian speaker. Eni E -0.49 % SpA said Sunday it made a massive natural-gas discovery off the coast of Egypt in what the Italian oil-and-gas company is calling the largest-ever find in the Mediterranean Sea. The gas, estimated at about 30 trillion cubic feet or 5.5 billion barrels of oil equivalent, is in a field about 80 miles off the Egyptian coast and is enough to supply the North African country for decades. No one seemed much bothered that lives were fractured, careers toppled and souls sprained, but then, when it comes to putting people in Twitter or Facebook’s stocks, no one ever really does.

Hold Security comes across such stolen data repositories frequently in their research, but it doesn’t have the resources to contact every company named. Biderman’s objective was to start out acquisition talks with the a lot bigger rival. “They might be CRAZY to not converse with us,” wrote Biderman in February this yr.

And in Might: “If there was ever a second to have a ‘personal’ assembly with Diller, it’s now.” However in an e-mail message later forwarded to Biderman by an middleman, one IAC director, Bryan Lourd, was blunt concerning the possibilities IAC may purchase Ashley Madison: “They do not need it.” Avid Life in April stated it was contemplating an preliminary public providing in London, at a $1 billion valuation, with firm executives expressing hope in media interviews that European buyers would show extra understanding of the controversial enterprise than these inNorth America. The main gist: Ashley Madison’s users, the majority of whom are male, are too spineless to conduct a full-blown affair or too stingy to hire a sex worker. The company will use existing facilities, including offshore platforms, near the new find to keep the development costs relatively low, Eni Chief Executive Claudio Descalzi said in an interview.

The emails present that Biderman acquired an off-the-cuff strategy in Might from Cliff Lerner, the CEO of Snap Interactive Inc , which owns the web courting website AYI. With too much choice on offer and sex readily available on tap, men have become Neanderthals, and both marriage and the dating game have taken an almighty dropkick because of it.

A spokesman for Snap stated Lerner had a brief forwards and backwards e mail dialog with Avid Life representatives, however finally determined a deal would not work. Meanwhile, some women are naive, sexually withholding and trusting (unless they are Ashley Madison users, in which case they’re the lowest of the low and an affront to their entire gender). Companies are primarily concerned that their employees may use the same password to sign up for Web services they use at work, putting a company at risk. He advised an acquaintance, who helped put different corporations’ financing offers collectively, that he was trying to increase between $50 million and $75 million in debt. She resisted his advances for years, until he assured her that he and his wife were living separate lives, and co-habited simply for the sake of their teenage children.

It doesn’t appear that they’ve stolen more sensitive data on registered users, as was the case with Ashley Madison, where sensitive profile information was dumped, including birth dates, dating preferences and GPS data. It additionally acquired a time period sheet for a $40 million three-year mortgage from GMP Securities, a Canadian funding financial institution, in 2012. Other times, hackers used this kind of data to threaten websites with distributed denial-of-service attacks, which can knock a website offline, in order to extract a ransom. In a single occasion, a cope with Canadian billionaire Alex Shnaider and frozen yogurt mogulMichael Serruya fell aside due to CEO Biderman’s “troublesome and really demanding” character, in line with an e-mail from the potential consumers. Ashley Madison’s Canadian founder, Noel Biderman, has long adopted an altruistic party line about his site, suggesting that because many members are in sexless marriages but don’t actually want to leave their spouses, the company “preserves more marriages than we break up”.

They say “I kissed someone”, but all you hear is “you’re not good enough”, or “I am weak”, or “I am selfish” or “I don’t care”. Members can choose from a menu of proclivities and preferences: among them are good personal hygiene, body piercings, seeking a sugar baby/daddy, natural breasts, has a secret love nest, aggressive/take charge nature, hopeless romantic, shopping for sexy clothes, “I like to cross-dress” and “I enjoy being a father figure”.

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