Reported 10 days ago
The European Union's lead privacy regulator has imposed a 91 million euro fine on Meta for improperly storing user passwords in plaintext. This investigation began five years ago when Meta informed Ireland's Data Protection Commission about the breach. Although Meta acknowledged the mistake and took corrective action in 2019, the DPC emphasized that storing passwords without encryption presents significant security risks. This fine adds to the growing total of 2.5 billion euros in penalties Meta has incurred for GDPR violations.
Source: YAHOO