Have an affair," cost Avid Life Media more than a quarter of its revenue, Chief Executive Rob Segal and President James Millership revealed in an interview, the first by any senior executive since the incident.
Online dating agency Ashley Madison's CEO Rob Segal (R) and president James Millership pose during an interview in Toronto, Ontario, Canada June 28, 2016. REUTERS/Chris Helgren "We are profoundly sorry," said Segal, adding that more could perhaps have been spent on security. and Canadian class action lawsuits filed on behalf of customers whose personal information was posted online, and allegations that it used fake profiles to manipulate some customers.
The parent company of infidelity dating site Ashley Madison, hit by a devastating hack last year, is now the target of a U. Federal Trade Commission investigation, the new executives seeking to revive its credibility told Reuters.
The breach, which exposed the personal details of millions who signed up for the site with the slogan "Life is short.
The agency bears the name of our family because we are open to our clients and have nothing to hide.