Adult friend finder scam
The passwords were either stored as plain text or encrypted using the obsolete and insecure SHA-1 cipher.
Adult dating service company Friend Finder Network has reportedly been hacked, with over 412 million accounts, email addresses, and passwords from their websites made available on criminal marketplaces.
Friend Finder Networks (formerly Various, Inc.) is an American internet company founded in 1996 by Andrew Conru.
Its corporate headquarters are located in Boca Raton, Florida, with additional offices in California, New York, and Taiwan.
Ezra Shashoua, the company's chief financial officer, blamed the lower revenue on a drop in membership and increased advertising costs for affiliates, according to court documents.
Shashoua also said credit card companies had refused to process transactions for the company's Internet businesses.
The Adult Friend Finder hack serves as a crucial wakeup call to anyone participating in online dating.
After discovering that users had been using the service to seek sexual partners, he launched Adult Friend Finder as a spin-off, followed later by other spin-offs dealing with different regions and niches.Other company holdings, such as Penthouse, Stripshow, and i Cams were also breached, for a total of 412,214,295 affected users.The hack also revealed that the company had kept information on 15 million accounts that users had deleted, as well as information on users for assets it no longer owned, such as Penthouse.By comparison, the Ashley Madison hack that took place in July 2015 revealed 32 million accounts, although that attack was also accompanied by a more aggressive extortion campaign.According toa security researcher going by the name Revolver uncovered Local File Inclusion vulnerabilities on the site in October.The company had also indicated that it lacked existing cash or cash from operations to repay a .5 million debt that was due July 31.It has cautioned that, unless it can repay or restructure its obligation, it will face “a material deficiency in our short term liquidity.” With these shortfalls in mind, the company again announced an intention to make an initial public offering of stock, representing a 49% stake in the company, with plans to use the proceeds to pay down its debt and become listed on the New York Stock Exchange.Notably, the database does not include more detailed personal information, but could still be used to confirm whether a person was a user of the service.Breach notification site first reported the attack, indicating that over 300 million Adult Friend Finder accounts were affected, as well as over 60 million accounts from Much of the company's growth without investment capital has been attributed to its affiliate program, with more than 500,000 affiliates to date.As of January 17, 2010, Friend Finder Networks had a negative net worth equal to 8 million, million in cash on hand and 0 million in liabilities.