Ashley Madison hack pays off for Cork-based cyber security company

A Cork company has reaped the benefits of such high-profile cases as the Ashley Madison cyber-theft, writes Trish Dromey.

Since hackers stole and released the confidential details of sex cheats from the Ashley Madison website, business has been booming for Cork-based cyber security company Smarttech.

“Ashley Madison was one of a number of high-profile breaches in recent years, which shows how naïve people are with regard to their data security and how vulnerable companies are to cybercrime.” said company founder and CEO Ronan Murphy, explaining that the increase in cybercrime in the past two years has led to very strong growth for his company.