Ashley Madison facing FTC inquiry a year on from devastating hack
by Alex Hern and agencies from Technology | The Guardian on (#1KE79)
Extramarital dating site under investigation by US regulator a year after entire user database leaked online
Avid Life Media (ALM), the corporate parent of hacked extramarital dating site Ashley Madison, is being investigated by the US Federal Trade Commission according to the company's new executive team.
Appointed in April, the new chief executive, Rob Segal, and the president, James Millership, have been given the job of righting ALM in the aftermath of the hack, which saw the entire membership register of Ashley Madison posted to the internet. Over the following year, ALM lost more than a quarter of its revenue, as worried members fled the company's portfolio of dating sites.
Continue reading...