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Meta fined $101M for storing passwords in plaintext


European regulators fined Meta for an engineering mistake that the social media giant first reported in 2019.

As the company explained, Facebook normally protects people’s passwords using industry standard cryptographic techniques — including hashing and salting. Its deputy commissioner, Graham Doyle, said: “is widely accepted that user passwords should not be stored in plaintext, considering the risks of abuse that arise from persons accessing such data. It must be borne in mind, that the passwords the subject of consideration in this case, are particularly sensitive, as they would enable access to users’ social media accounts.”

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