Ashley Madison Agrees to $11.2 Million Settlement
Posted by: Timothy Weaver on 07/17/2017 10:52 AM
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Two years ago, Ashley Madison, the dating site that helps spouses cheat on their partners, was hacked.
The criminals made off with the personal details of roughly 37 million users. The crooks tried blackmailing the users with divulging the data to spouses and releasing it to the web.
In a settlement, without confessing to any wrongdoing, the company, owned by Ruby Corp., has agreed to a $11.2 Million settlement. That works out to $3,500 to each of the hack's victims.
The stolen data included victims' usernames, first and last names, email addresses, passwords, credit card data information, street names, phone numbers, and transactions records. Blackmail ensued as well as a few suicides.
The Federal Trade Commission (FTC) and 13 states forced the company to forfeit $1.66 Million to settle charges that Ruby Corp didn't do enough to protect the user’s information.
The company also agreed to 20 years' worth of the FTC oversite.
Source: The Hacker News
The criminals made off with the personal details of roughly 37 million users. The crooks tried blackmailing the users with divulging the data to spouses and releasing it to the web. In a settlement, without confessing to any wrongdoing, the company, owned by Ruby Corp., has agreed to a $11.2 Million settlement. That works out to $3,500 to each of the hack's victims.
The stolen data included victims' usernames, first and last names, email addresses, passwords, credit card data information, street names, phone numbers, and transactions records. Blackmail ensued as well as a few suicides.
The Federal Trade Commission (FTC) and 13 states forced the company to forfeit $1.66 Million to settle charges that Ruby Corp didn't do enough to protect the user’s information.
The company also agreed to 20 years' worth of the FTC oversite.
Source: The Hacker News
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