Meta fined $101.5M for 2019 breach that exposed hundreds of millions of Facebook passwords | TechCrunch
Briefly

"The Data Protection Commission concluded that Meta failed to meet the bloc's legal standard since the passwords were not protected with encryption but stored in plaintext."
"It is widely accepted that user passwords should not be stored in plaintext, considering the risks of abuse that arise from persons accessing such data."
Read at TechCrunch
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