Fraud News

Ashley Madison Offers £8.5m To Data Breach Victims

Author: Sam Pudwell / Source: Silicon UK

The fund will be available for anyone with a “valid claim” for being affected by the 2015 breach

The parent company of adult dating site Ashley Madison has offered to pay an $11.2 million (£8.5m) settlement to users affected by the mass data breach which exposed 36 million accounts.

The site is known for encouraging infidelity and targeting people seeking affairs, so the public exposure of confidential users data obviously caused quite a stir when it was revealed by hackers in July 2015.

Many users have since sued the company for providing inadequate levels of data security and Ruby Life has been attempting to strike a deal with those involved.

Cash offer

On Friday it claimed that an agreement to settle multiple class action lawsuits had been reached and that the £8.5m fund would be available…

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