Ashley Madison Hack Heightens What’s At Stake For Cyber Liability

  Tuesday, July 21st, 2015 Source: Insurance Business America

The data breach affecting the notorious Ashley Madison dating site reveals the level of damage — both financial and reputational — that can be caused by cyber crime and underlines the importance of a proper breach response plan.
Operators with Ashley Madison — a service for married people wishing to cheat on their spouse — confirmed an “intrusion” into the site, but did not elaborate. Security expert Brian Krebs said a small percentage of user account data has been published online, however, and the hackers who claimed responsibility for the attack plan to post more until the website closes.

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