The contemplated public offering, scheduled to reach the market on January 27, 2010 was delayed by FFN.
Friend Finder had not turned a net profit since at least 2008.
Breach notification site Leaked Source has reported that 339 million accounts on Adult Friend Finder and more than 60 million from sister site were exposed by the breach.
It claimed leaked data included 15 million "deleted" accounts that had not been correctly purged from the compromised AFF database, a copy of which has been obtained by Leaked Source.
Security experts criticised that site for not doing enough to prevent a repeat breach.
David Kennerley, director of threat research at security software firm Webroot, commented: “This attack on Adult Friend Finder is extremely similar to the breach it suffered last year….
It’s clear the company has majorly flawed security postures, and given the sensitivity of the data the company holds this cannot be tolerated.” Download this white paper to learn the 8 ways by which legacy ERP systems hold back your business and how “version-less” cloud ERP can help eliminate costly upgrades, reduce IT infrastructure management, and drive value with rapid implementation.
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.
Leaked Source has not made the database searchable but has published a breakdown of password frequencies and samples of file schemas from the leaked database to substantiate its claims, which remain unconfirmed but are nonetheless being taken seriously by security firms.
Certificate management firm Venafi claimed that private information such as passwords appeared to have been protected using only the obsolete SHA-1 hashing algorithm.