this post was submitted on 27 Sep 2024
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Pulse of Truth

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

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[–] drunkosaurus@lemmy.dbzer0.com 15 points 1 day ago

"Pays the price"!? $101 million? In 2023 Meta made a bit over $107 million of pure profit every day.

...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.

[–] remotelove@lemmy.ca 10 points 1 day ago

Only $100 million?

[–] sp3tr4l@lemmy.zip 2 points 1 day ago

So what, like, 30 cents per violation?