Ashley Madison Site Still Online

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

After hackers revealed 32 million of the names and passwords from cheating site Ashley Madison, pushing out CEO Noel Biderman and beginning an army of lawsuits, the site is still online. Owners, or management, must believe the business can still make money, or that killing the site would add to the legal cases against it.

Several things about how Ashley Madison does business were part of a number of analyses of the site’s business and the information that hackers gave out. It has very few female members, and probably many fewer who want to have affairs. Women were not actually communicating with men, for the most part. It appears that false communications were established by “bots,” which tricked men into believing they were talking to another human.

The Ashley Madison site continues to promote itself as winner of the “Trusted Security Award,” with 100% Discrete Service and as SSL Security Site. The most preposterous claim on the Ashley Madison homepage is that it has 41,035,000 anonymous members. It is, as a matter of fact, according to the site, the best place in the world for people who are married to meet other people who are married to have affairs.

What happened? Why is the site still online? It is unlikely that the Ashley Madison owners believe they will still add members. The presence of the site only adds to the embarrassment or even catastrophic results members have experienced since the hack.

The least likely explanation is that management of the business has been too busy to take it down. Another explanation is that killing the site would be a complete admission of the failure to protect data and to fulfill its core mission of allowing people to cheat without consequence. Or, it may be that the end of the site would give the 10 million or so people whose names and passwords were not hacked an excuse to mount legal challenges of their own for losing a service that they paid for. Only Ashley Madison management and their attorneys know the full truth.

The fact that the Ashley Madison site is still online is nearly as extraordinary as the hack that brought the business down.

ALSO READ: An iPhone 6s for $949

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

Continue Reading

Top Gaining Stocks

CBOE Vol: 1,568,143
PSKY Vol: 12,285,993
STX Vol: 7,378,346
ORCL Vol: 26,317,675
DDOG Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ Vol: 4,367,433
CLX Vol: 13,260,523
SYK Vol: 4,519,455
MHK Vol: 1,859,865
AMGN Vol: 3,818,618