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Originally Posted by PR_Phil
They are going to be fined for deceptive marketing practices, then they are going to be fined for corporate theft and for doing to others exactly what the hackers did to them. Then they are going to be involved in several class action lawsuits (1 from each country with a major user base). All the key people will jump ship. Attempts will be made to get all the money out before it is eaten up in legal fees or awarded back to customers. There will be mass cancellations, refunds, charge backs and chances are they will quickly loose a lot of processing abilities. Those who are still fine with working with them, will change as more negative press comes out and we hear more about their deceptive marketing, theft, and general raping of customers in order to give them a false sense of security.
there is no coming back from this. The fact that they were hacked was really not a big deal. The fact that it put the spotlight on them and exposed that they are scumbags, that's the issue here.
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Released just today
Statement From Avid Life Media, Monday, August 31, 2015 -- TORONTO, Aug. 31 2015 /PRNewswire/ --
TORONTO, Aug. 31 2015 /PRNewswire/ -- Recent media reports predicting the imminent demise of Ashley Madison are greatly exaggerated. The company continues its day-to-day operations even as it deals with the theft of its private data by criminal hackers. Despite having our business and customers attacked, we are growing. This past week alone, hundreds of thousands of new users signed up for the Ashley Madison platform ? including 87,596 women.
--- sounds to me like they are going to continue moving forward with the company. I wasn't predicting the future as much as what the owners are likely to do which is to attempt to move forward and attack not the theft of the database but the idea that there are no women on there. THAT and THAT alone will kill the company if it's proven there is no women - I said they'll brush off stating their security is higher but the most important thing that came out of this all was their database had limited women on it. if that's proven then it will lead to their demise - NOT the released member names... their marketers will spin that around to the companies benefit