CEO of Ashley Madison Is Stepping Down After Hacks

Photo cred: Morgue file

Photo cred: Morgue file

Founder and chief executive Noel Biderman of Avid Life Media, the parent company of adultery website, Ashley Madison, is officially stepping down after the hacks within the recent weeks. Ashley Madison is the victim of a high-profile hack that exposed the personal information of millions of users.

More than 33 million accounts were stolen from the website, which offers people the chance to have an affair.

“This change is in the best interest of the company and allows us to continue to provide support to our members and dedicated employees,” said Avid Life Media statement. “We are steadfast in our commitment to our customer base.”

The senior management team will take over leadership until a new CEO is chosen, according to the company.

“The Impact Team,” a hacker or group of hackers,  claimed responsibility for the security breach last week. The team exposed  email addresses, names, and more of millions of users of the site, which connects individuals who are looking to have affairs.

The company is now facing at least five lawsuits seeking class-action status and more than a half-billion dollars, according to NBC News.

“We are actively adjusting to the attack on our business and members’ privacy by criminals,” said Avid Life Media. “We will continue to provide access to our unique platforms for our worldwide members.”

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