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Shashoua also said credit card companies had refused to process transactions for the company's Internet businesses.
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 Friend Finder Networks websites.
Its corporate headquarters are located in Boca Raton, Florida, with additional offices in California, New York, and Taiwan.
The company primarily deals in adult entertainment, online dating, and social networking services.
The hack also revealed that the company had kept information on 15 million accounts that users had deleted, as well as information on users for assets it no longer owned, such as Penthouse.
No credit card data has yet been uncovered as part of the hack.Adult Friend Finder asks customers to detail their interests and, based on those criteria, matches people for sexual encounters.The site, which boasts 64 million members, claims to have "helped millions of people find traditional partners, swinger groups, threesomes, and a variety of other alternative partners." The information Adult Friend Finder collects is extremely personal in nature.After discovering that users had been using the service to seek sexual partners, he launched Adult Friend Finder 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.
For instance, the security consultant Robb reported that one person whose information was hacked was a 62-year-old Hispanic male from New Jersey, who worked in advertising and has a preference for the "subporno" forum.