What businesses can learn from Ashley Madison’s mistakes

Last month, Avid Life Media, the company behind adult website Ashley Madison, had data from 37 million users stolen.

The firm has now become a victim once again with reports that 9.7 gigabytes of customer data stolen from the dating site has been released on the dark web.

The security industry has reacted to the data breach, with key figures offering their advise on how your business can avoid a similar situation.

“Businesses need to ensure they have the correct technologies in place to protect consumer data so it can proactively communicate its security to its customers, earn their trust and therefore safeguard the growth of the business. One initial, simple step a business can take is to ensure they are PCI compliant,” advised Matt Newing, CEO of Elitetele.com.

Blue Coat said that it predicted the cyber attacks on ALM and believes there is more to come.

“Now that more than nine gigabytes of data has been released, they may begin to look at the financial value of a target to see if they will profit from the time spent building malware for the attack. This data is most likely to be amongst some of the most valuable data set compromised so far. If it is worth $100 to ‘go away’ and there are 37 million users, this could be one of the largest cyber heists in history,” declared the firm.

Read the full analysis piece over on our sister site, IT Channel Expert.