Meta fined $102 million for storing passwords in plain text

The Irish Data Protection Commission (DPC) has slapped Meta with a $101.5 million (€91 million) fine after wrapping up an investigation into a security breach in 2019, wherein the company mistakenly stored users’ passwords in plain text. Meta’s original announcement only talked about how it found some user passwords stored in plain text on its servers in January that year. But a month later, it updated its announcement to reveal that millions of Instagram passwords were also stored in easily readable format.

While Meta didn’t say how many accounts were affected, a

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