The biggest lesson from Ashley Madison is about security, not fidelity
Once IPO bound, Ashley Madison is almost certainly doomed to shutter following a ruinous hack. As an early indication of its inevitable shutdown, parent company Avid Life Media announced yesterday that CEO Noel Biderman is stepping down.
Likewise, its 37 million users may never recover from having their most private thoughts and fantasies spread around the Web.
The website that helps married people have extramarital affairs promised discreet encounters and robust security. It even had a “full delete” service that purported to delete “all traces of your usage” for a fee. And even after the attack, the website still flaunts a gold and purple medallion icon with the words “trusted security award” next to it.
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