Ashley Madison, which suffered a data breach in 2015 [view related posts here] involving the loss of 37 million users’ personal and financial information, has settled the suit for $11.2 million.
Ashley Madison’s parent company previously settled data security allegations with 13 states and the Federal Trade Commission for $17.5 million, but ended up paying $1.65 million based on its ability to pay.
The settlement funds will reimburse customers who paid for the “full delete” services, which was advertised as removing a user’s account information from the database, which did not occur. In addition, consumers will be reimbursed for credits on the website that they pre-purchased, and losses of up to $2,000 related to the data breach. The maximum amount recoverable is $3,500.