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Transcripts for CNN Anderson Cooper 360 20150721 01:29:00

cheat. and now those cheaters have been exposed. a hacking group calling itself the impact team says it stole personal information including names of 37 million ashley madison subscribers. and for about an hour and a half several thousand people were viewable online. i m not going to be home for dinner sorry. reporter: ashley madison s slogan is life is short have an affair. so just imagine what kind of personal information its clients may have shared. sexual preferences. fantasies. fetishes. all from people looking for sex who never dreamed such juicy data could get into the hands of hackers. this is a very good example of what type of naiveness in the market there is around personal data. especially setting yourself up for blackmail, for public humiliation, for a pr nightmare. avid life media which owns ashley madison released a statement promising it has once again secured the site.

Transcripts for CNN Anderson Cooper 360 20150721 01:28:15

Transcripts for CNN Anderson Cooper 360 20150721 01:28:15
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Transcripts for CNN CNN Newsroom Live 20150721 06:45:00

the impact group is now threatening to relose customers secret sexual fantasies and matching real names unless ashley madison is taken offline permanently. a manifesto posted online warns that a significant part of the population is about to have a very bad day including many rich and powerful people. randy kaye, cnn, new york. we re going to let that package speak for itself. we better. that s a good idea. you are here with weather. torrential rains in china. china has been getting hit hard in the last few weeks. wait until i show you some totals. the pictures coming out of china as the rains have been relentless here. the high water rescues as result of numerous days now of just

Transcripts for CNN Anderson Cooper 360 20150721 01:30:00

the company also says they have removed any personally identifiable information about its users published online. the hackers may be trying to punish the cheating website which they say charges users a $19 fee to delete personal information that isn t deleted. the hacking group, argues that users pay with credit card so purchase details aren t removed as promised. hackers say ashley madison netted $1.7 million in ref new in 2014 from the charges its customers pay to delete their data. the impact group is threatening to release customers secret sexual fantasies and matching real names unless ashley madison is taken offline permanently. a manifesto on line by the hackers calls ashley madison users, cheating dirt bags and warns a significant percentage of the population is about to have a very bad day. including many rich and powerful

Transcripts for CNN Legal View With Ashleigh Banfield 20150720 16:26:00

moving towards holding companies and especially financial institutions both under federal law and state law liable for data breaches. and the states all have different laws addressing this, as does the federal government, especially as it relates to banking and other financial institutions. but there are many different potential liabilities and we are moving towards laws that more specifically addressed address the responsibility of a company to protect data. that s what i was going to ask mel. like, it would appear the onus, you would think, would be on the web site. this is a site that has touted that it protects its customers information and that security is a top priority. so, mel, how much, what kind of liability is ashley madison exposed here? how big of a problem is the publication of these private facts for them? well, you know, it s an interesting question and it s mostly going to be in two

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