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Daily Dashboard | Ashley Madison to offer $11.2M in compensation for 2015 breach Related reading: MedData data breach lawsuit settled for $7M

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Ashley Madison’s parent company, Ruby Life, has announced a settlement in the case of the 2015 cybersecurity breach that left 36 million accounts exposed, ZDNet reports. The agreement would see a total of $11.2 million in compensation to users who had their identity exposed. Since account credentials were not verified for accuracy in 2015 and could have been created using false information, victims of the breach will have to prove that they experienced loss or damages. Despite claiming that the online dating and affair service was “the last truly secure space on the internet,” the lawsuit alleges that the company used “inadequate data security practices and failed to protect user information.” It is unknown if this deal will be accepted or not.
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