Company failed to follow one of the most sacrosanct rules for password storage.
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“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.
Only $100 million?
So what, like, 30 cents per violation?
This isn’t on meta this is on the garbage engineers who did nothing to fix it.
The ones who Meta hired to manage this?
My boss isn’t responsible for me being shit at my job