Avid Life Media, the parent company of hacked infidelity website Ashley Madison, said in a statement that its CEO Noel Biderman is stepping down from his position.

The company also said that until a new CEO is appointed, the current senior management team of Avid Life Media will be leading the company.

According to the statement, Avid Life Media believes that the change in leadership would be the best for the company, as it continues to provide support to its members and employees.

Avid Life Media also said that it is actively adjusting to the cyberattack on Ashley Madison and on the privacy of the website's members, but it will go on with providing access to its unique platforms for its users worldwide.

"We are actively cooperating with international law enforcement in an effort to bring those responsible for the theft of proprietary member and business information to justice," the statement concluded.

Biderman is the latest among corporate leaders that have lost their jobs amid cyberattacks, joining former Sony Pictures Entertainment co-chair Amy Pascal and former Target CEO Gregg Steinhafel.

The hacking attacks show that hackers have the capability to breach the cybersecurity of even large companies, ultimately leading to the end of careers such as Biderman's.

While Biderman was not as popular as other executives that have lost their jobs due to hacker attacks, his downfall has been the subject of wide attention in the media due to the audacious statement that he previously said regarding the advantages of having extramarital affairs.

The hack against Ashley Madison found e-mail that point to Biderman himself having affairs, which he previously denied, in addition to the exposure of the names, addresses and sexual preferences of about 37 million user accounts on the website.

Analysts and experts on cybersecurity are mostly expressing doubts that Ashley Madison would be able to recover from the hacking attack and survive, agreeing that Biderman's relinquishment of his position had to happen.

While the event of CEO's losing their jobs due to hacking attacks was not a major concern some years ago, the recent activities of hackers in exposing the vulnerabilities of prominent companies such as Sony Pictures, Target, Home Depot and Anthem have made companies swiftly search for experts to be able to defend their systems from data breaches.

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