CEO of Ashley Madison parent company Noel Biderman steps down after hack - Startup news, funding, investment, entrepreneurs, earn money, technology etc

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Thursday, February 16, 2017

CEO of Ashley Madison parent company Noel Biderman steps down after hack

One of the controversial dating web site Ashley Madison's parent company's CEO Ashley Madison steps down after hackers released customers data. It had 39 million people in 53 countries. Now one of the senior management people will lead the company now. Company said: This change is in the best interest of the company and allows us to continue to provide support to our members and dedicated employees. We are steadfast in our commitment to our customer base.

Also see: Amy Jackson's phone hacked and personal pictures leaked

Ashley Madison is a Canada-based online dating service and social networking service marketed to people who are married or in a committed relationship. Its tag line is Life is short. Have an affair.


Recently hackers stole all its customer data which includes emails, names, home addresses, sexual fantasies and credit card information and also they threatened to permanently close the web site including the other web site EstablishedMen.com.

In the first step hackers released the first names of customers on July 22. And in Aug 18th they released all the data which includes some of the CEO's emails also. Also they released the data from customers who had earlier paid a $19 fee to Ashley Madison to allegedly have their data deleted.

One of the unique feature of the dating site is Female profiles on the site don't require their users to pay to send or receive messages. But male has to pay for it.

According to the hack report,  there were 31 million male accounts, there were only 5.5 million female accounts, and only 12,108 women paid to delete their account, and less than one percent of the female accounts were active for more than one day. While 20 million users of male accounts checked their messages, only 1,492 users of female accounts did, and while 11 million users of male accounts used the chat system, only 2,409 users of female ones did.

The parent company Avid Life Media, which owns the site, has offered a reward of C$500,000 (£240,000) for information about the Ashley Madison hackers.

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