Adult Friend Finder Network

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Six databases that were owned by Friend Finder Networks, Inc. suffered a massive data breach in 2016, which cost 412 million users their accounts. Not only were the usernames and passwords stolen, but 15 million deleted accounts were also included in the mix. Adult Friend Finder is an adult dating/entertainment website that calls itself the “world’s largest sex and swinger community.” Along with Adult Friend Finder, data accounts from Cams.com and Penthouse.com were also accessed in the data breach. A security researcher named “Revolver” first discovered the breach. In Friend Finder hack, sensitive data regarding member’s sexual preferences, extramarital affairs, and purchases made on the site was lost. This latest breach, however, appears to have only compromised accounts. Friend Finder executives have been slammed in the media for poor security practices, and they have not publicly commented on the data breach.

412,214,295 user accounts were exposed after Friend Finder Networks were hacked; the breach included 20 years of customer data from six compromised databases: Adultfriendfinder.com, Cams.com.

When Was the Adult Friend Finder Data Breach?

After investigating, cybersecurity officials believe the Adult Friend Finder data breach occurred before October 20, 2016. Friend Finder was warned by Revolver on October 18, 2016, about the potential vulnerability. Along with the accounts, evidence of source code from their websites and public/private key-pairs also showed up available online for purchase on the dark web.

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  • Ripoff Report is Xcentric Ventures. Submitted: Fri, October 15, 2010. Updated: Fri, October 15, 2010. Reported By: s-camm — Madison Wisconsin Virgin Islands (US) Adult Friend Finder 445 Sherman Ave Palo Alto, California United States of America. Phone: 800-388-0760.

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How to Check if Your Victim of Adult Finder Hack

The friend finder leak data contained usernames, email addresses, and passwords. There is no online method for looking up whether or not your data is on adult friend finder hack list, but if you are a member of FriendFinder.com, your user account was affected.

What to Do if Your Data Was Breached

The first thing you should do is change your password to something very secure. Use a complex combination of letters, numbers, and symbols. Some other precautions to take are:

  • Be on the lookout for phishing emails. Your information could be used to intimidate you or extort money from you.

  • Cancel any credit cards used on the website.

  • If you used the same password on any other sites, change those as well.

  • Keep an eye on your credit and sign up for credit monitoring with a company like IDStrong.com.

  • Consider a credit freeze so no one can open up new accounts in your name.

Report the incident to Adult Friend Finder to let them know your information has been used for fraud or other illicit purposes.

Can Adult Friend Finder Hacked Information be Used for Identity Theft?

Due to the sensitive nature of the website content and purpose, the stolen accounts are more at risk than most others. In the theft, there were 78,301 who registered for the website using a military email address and another 5,650 that used a .gov (government worker) address. These members are at extreme risk of being extorted or having their identity stolen. For the millions of regular users, they too are in danger of phishing scams, viruses, malware attacks, and identity theft. The information ended up on the dark web and you should be aware that you may become a target because of this data breach. Be extra careful and learn what steps to take to protect yourself.


How to Prevent Data Breach

When signing up for an account with any type of website, you take a risk entering private information, even just your email address. To keep your life and your information private follow the steps below:

  • Keep your computer and other devices updated with the latest operating system, security patches, and antivirus software. Run deep scans often.

  • Use only one credit card online for purchases and check the monthly statement carefully.

  • Never give out personal information online if you don’t have to.

  • Monitor your credit reports and bank statements; look for fraudulent charges.

  • Change your passwords often and make them very complicated.

  • Watch for phishing or scam emails.

  • Never click a link in email or open any attachments.

You cannot be too careful online. Always use common sense before entering information into a web page and look for security certificates before making any payments. Stay on top of data breaches and respond quickly if you are affected.

Friend Finder Networks Inc.
IndustryOnline dating, adult entertainment
PredecessorPenthouse Media Group
Founded1996; 25 years ago (as Various, Inc.)
FounderAndrew Conru
Headquarters,
Andrew Conru, CEO[1]

Adult Friend Finder Network

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.[2]

The company primarily deals in adult entertainment, online dating, and social networking services. Its flagship online dating services include FriendFinder and its various spin-off services (such as Adult FriendFinder, and other dating services targeting various territories and niche categories, such as the South America-focused Amigos.com, and Christian dating website BigChurch), as well as niche websites for alternative lifestyles, and adult webcam websites.[3] In 2007, the company was acquired by the owners of Penthouse magazine, and adopted its current name. In 2016, the Penthouse brand was sold off.[4]

History[edit]

Network

FriendFinder was launched in 1996 by Andrew Conru. After discovering that users had been using the service to seek sexual partners, he launched Adult FriendFinder as a spin-off, followed later by other spin-offs dealing with different regions and niches. Much of the company's growth without investment capital has been attributed to its affiliate program, with more than 500,000 affiliates to date.[5]

Finder

In 2007, Penthouse Media Group purchased FriendFinder's parent company, Various, Inc., for $500 million.[6] Penthouse later changed its name to FriendFinder Networks.[7]

Finder

In 2008, the company filed for a $460 million initial public offering.[8] Most of the money generated was to pay down $420.1 million in short-term debt and other obligations.[9]

Adult Friend Finder Network Password

As of January 17, 2010, FriendFinder Networks had a negative net worth equal to $118 million, $32 million in cash on hand and $650 million in liabilities. The company had also indicated that it lacked existing cash or cash from operations to repay a $44.5 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.[10]” 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. The contemplated public offering, scheduled to reach the market on January 27, 2010 was delayed by FFN.[11] On February 5, 2010, FFN announced its intention to indefinitely delay its contemplated IPO until market conditions improve.[12]

In June 2010, FriendFinder Networks made a $210 million bid to acquire Playboy Enterprises.[13]Hugh Hefner, who owned 70 percent of the voting stock, did not want to sell.[14]

Bankruptcy, reorganization[edit]

In August 2013, FriendFinder was delisted from the NASDAQ because its stock had not traded for more than $1. On September 16, 2013, the company filed for Chapter 11 bankruptcy protection.[15]

FriendFinder had not turned a net profit since at least 2008. 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.[16] The company stated it had negotiated a deal with noteholders that would reduce its debt by $300 million.[17]

In December 2013, FriendFinder Networks' reorganization plan won court approval by the U.S. Bankruptcy Court in Delaware.[18] Founder Andrew Conru, was named as the reorganized company's chairman and CEO.[19]

In February 2016, FriendFinder Networks sold the rights to the Penthouse brand to Penthouse Global Media, a new company formed by the brand's managing director Kelly Holland.[20][21]

Security breach[edit]

On November 13, 2016, it was reported that a database of over 412 million accounts, including usernames, e-mails, and passwords, had been breached and leaked from several FriendFinder Networks websites. The breach included account data from Adult FriendFinder (which constituted over 339 million accounts), Cams.com, and Penthouse, including accounts that had supposedly been deleted. The passwords were either stored as plain text or encrypted using the obsolete and insecure SHA-1 cipher.[22][20]

References[edit]

Adult Friend Finder Networking

  1. ^Bachman, Justin. 'When Sex Doesn't Sell: FriendFinder Networks Files for Bankruptcy'. Business Week. Retrieved 10 May 2014.
  2. ^'AMENDMENT NO. 2 TO FORM S-1'. SEC. 2011-12-16. Retrieved 2014-06-10.
  3. ^'Form 10-K'. FriendFinder Networks Inc. Securities and Exchange Commission. 2012-12-31. Retrieved 2013-09-17.
  4. ^Alpert, Lukas I. (2016-01-21). 'Penthouse Magazine Launches Digital Edition'. Wall Street Journal. ISSN0099-9660. Retrieved 2020-11-22.
  5. ^Stein, Joel (2007-03-30). 'Social networking's dirty side - April 1, 2007'. Money.cnn.com. Retrieved 2014-06-10.
  6. ^Martin, Andrew (2007-12-12). 'Penthouse Buys Group of Social-Networking Sites'. New York Times. Retrieved 2014-06-10.
  7. ^Pfeifer, Stuart (2013-09-17). 'Penthouse publisher FriendFinder files for bankruptcy protection - Los Angeles Times'. Latimes.com. Retrieved 2014-06-10.
  8. ^Wahba, Phil (2008-12-23). 'UPDATE 1-FriendFinder files for $460 million IPO'. Reuters. Retrieved 2014-06-10.
  9. ^'The FriendFinder IPO Filing: Just the Naughty Bits'. Wall Street Journal. 2008-12-24. Retrieved 2014-06-10.
  10. ^'Two words, lads: Penthouse IPO Crain's New York Business'. Crain's New York. 2010-01-17. Retrieved 2014-06-10.
  11. ^'FriendFinder Networks Said to Delay IPO to Next Week (Update3)'. Bloomberg. January 27, 2010.
  12. ^Gillian Reagan (2010-02-05). 'Crashing Markets Delay FriendFinder's Porn IPO'. Business Insider. Retrieved 2014-06-10.
  13. ^Vanacore, Andrew (2010-07-16). 'Penthouse owner makes competing bid for Playboy'. USA Today. Retrieved 2014-06-10.
  14. ^Andrew Vanacore (2010-07-15). 'Penthouse Owner Bids For Playboy'. Huffington Post. Retrieved 2014-06-10.
  15. ^Pfeifer, Stuart (September 17, 2013). 'Penthouse magazine owner files for bankruptcy'. LA Times. Retrieved 18 September 2013.
  16. ^Beaudette, Marie (2013-09-17). 'Penthouse Publisher FriendFinder Files for Bankruptcy Protection - WSJ'. The Wall Street Journal. Retrieved 2014-06-10.
  17. ^'UPDATE 2-Penthouse publisher FriendFinder files for bankruptcy'. Reuters. 2013-09-17. Retrieved 2014-06-10.
  18. ^Bathon, Michael (2013-12-16). 'FriendFinder Alters Reorganization Plan to Win Court OK'. Bloomberg. Retrieved 2014-06-10.
  19. ^Andrew B. Conru Ph.D. 'Andrew Conru: Executive Profile & Biography - Businessweek'. Investing.businessweek.com. Retrieved 2014-06-10.
  20. ^ ab'AdultFriendFinder network hack exposes 412 million accounts'. ZDNet. Retrieved 14 November 2016.
  21. ^'Penthouse Wants You To Reclaim Your Vagina'. Huffington Post. Retrieved 14 November 2016.
  22. ^'Over 300 million AdultFriendFinder accounts have been exposed in a massive breach'. The Verge. Retrieved 13 November 2016.

External links[edit]

Retrieved from 'https://en.wikipedia.org/w/index.php?title=Friend_Finder_Networks&oldid=1032064883'