Following last year's massive data breach, the owner of the pro-adultery website Ashley Madison agreed to pay an FTC fine of $17.5 million for its "reckless disregard for data security." But the company couldn't afford to pay that much, so the government is reducing it to just $1.7 million, New York Attorney General Eric T. Schneiderman said today. The payment will be divided among the states and the FTC. New York will receive $81,330.
Following the hack, which exposed the personal information of millions of users, the website's Toronto-based parent company, Avid Life Media, rebranded itself as Ruby Corp. CZ