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Meta fined $101.8M for storing 600M Facebook passwords in plain text
Remember when Facebook stored some 600 million Facebook account passwords in plaintext and then pretended like it was no big deal? It all went down at some point in 2019. Of note, the passwords were not hacked, though Facebook employees might have had access to them. Still, the EU investigated the security issues, going after Facebook for its decision not to encrypt the passwords.
Five years later, Facebook is known as Meta, but its Facebook problems did not go away with the name change. Meta just received a $101.8 million fine following the conclusion of the Irish Data Protection Commission's (DPC) investigation.
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