AshleyMadison is so screwed. Here’s why

21 Jul 2015 | Author: | No comments yet »

Cheaters left vulnerable after Ashley Madison hack.

Dating website for ‘cheaters’ Ashley Madison has been the victim of a hacking attack, exposing the data of potentially millions of users worldwide. The Impact Team claims that the website’s Full Delete feature, which lets users delete their profile, doesn’t fully work, according to KrebsonSecurity.On Monday, the website, which bills itself as a place for married people seeking affairs, said it was recently hacked, potentially exposing millions of users’ data and their identities.In an age where even federal employees aren’t exempt from hacks splashing around personal data, why turn to a website for an act that depends on discretion? The site’s Toronto-based parent company, Avid Life Media, admitted the attack in a statement yesterday, saying it had “stringent security measures in place” but not enough to prevent an attack. “At this time, we have been able to secure our sites and close the unauthorised access points.

We have taken over all systems in your entire office and production domains, all customer information databases, source code repositories, financial records, emails. ‘ It adds: ‘Shutting down AM [Ashley Madison] and EM Established Men] will cost you, but non-compliance will cost you more: We will release all customer records, profiles with all the customers’ secret sexual fantasies, nude pictures, and conversations and matching credit card transactions, real names and addresses, and employee documents and emails.’ Noel Bidernman, chief executive, confirmed the breach of security saying: ‘We’re not denying this happened. Still, he added an IPO remains an option “irrespective of today’s news.” “This [hacking] could certainly douse the flame of a hot Internet IPO” where privacy is central to its business plan, said Matthew Kennedy, an analyst at IPO research firm Renaissance Capital LLC. The company behind affair-connecting website Ashley Madison announced this morning it was hacked — scores of married cheaters might now be outed online. Ashley Madison, which is a site where “married men and women” could pursue a “discreet affair” says it boasts more than 37 million anonymous users and was considering a London IPO sometime this year, aiming to raise up to $US200m.

We have always had the confidentiality of our customers’ information foremost in our minds and are pleased that the provisions included in the DMCA have been effective in addressing this matter. ‘Our team of forensics experts and security professionals, in addition to law enforcement, are continuing to investigate this incident and we will continue to provide updates as they become available.’ Have an Affair,” its website promises “100% Discreet Service” and “Secure Site.” “People think that this is even more confidential,” said Duffy, who has multiple clients — male and female — who have logged onto Ashley Madison. “Some people get this false sense of security, that this is all very, very thought through, and nothing could go wrong.” “I think there’s an element of emotional desperation involved, where the reality eludes you,” he said. “Really intelligent people are convincing themselves this is foolproof.” “I think it is easier for people psychologically to enter data on a website, like they’re buying something off Amazon, as opposed to approaching someone at a bar,” Duffy said. “It feels a little less seedy.” Among his clients, men often say they have unfulfilled sex drives, which brings them to the site. “More often than not, I can tell what they’re looking for is somebody to make them feel good about themselves,” Duffy said. “I would imagine that people are panic-stricken today, (worrying) that this is over and their marriages are going to fall apart,” he said. “Which I suspect that some absolutely will.” Avid Life also today said it forced file-sharing sites to take down samples of the stolen data but declined to discuss what data the hackers still have.

Brian Krebs quoted Avid Life chief executive Noel Biderman as saying the hack was done by “a person here that was not an employee but certainly had touched our technical services”. Retailers Target Corp. and Home Depot Inc. have each been the subject of high-profile data breaches that have affected millions of their respective customers. Data breaches at retailers such as Michaels have become more common, and a consumers’ decision to do business at an arts and crafts store is not predicated on privacy and security to the same extent as Ashley Madison, Mr. However, the company said its controversial business model has made raising funds difficult. “Europe is the only region where we have a real chance of doing an IPO” the company said in an interview with Bloomberg, because of more liberal attitudes toward adultery on the continent.

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