Meta hit with $102 million privacy fine from European Union over 2019 password security lapse
- Meta has been fined over $102 million by the European Union for a password security lapse involving Facebook users, as reported by the European privacy regulator.
- The investigation began in 2019 after Meta revealed some passwords were improperly stored in plain text, allowing potential internal access.
- Deputy Commissioner Graham Doyle stated that it is "widely accepted" passwords should not be stored in plain text due to abuse risks.
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