Meta pays the price for storing hundreds of millions of passwords in plaintext

 Company failed to follow one of the most sacrosanct rules for password storage.

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Officials in Ireland have fined Meta $101 million for storing hundreds of millions of user passwords in plaintext and making them broadly available to company employees.

Meta disclosed the lapse in early 2019. The company said that apps for connecting to various Meta-owned social networks had logged user passwords in plaintext and stored them in a database that had been searched by roughly 2,000 company engineers, who collectively queried the stash more than 9 million times.

Meta investigated for five years

Meta officials said at the time that the error was found during a routine security review of the company’s internal network data storage practices. They went on to say that they uncovered no evidence that anyone internally improperly accessed the passcodes or that the passcodes were ever accessible to people outside the company.

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