F*c*book’s Latest Security Insanity

F*c*book hates privacy. Why would they worry about yours? Facebook Stored Hundreds of Millions of User Passwords in Plain Text for Years.

How do you get Hundreds of Millions of passwords stored in plaintext?

Facebook is probing a series of security failures in which employees built applications that logged unencrypted password data for Facebook users and stored it in plain text on internal company servers. That’s according to a senior Facebook employee who is familiar with the investigation and who spoke on condition of anonymity

Because security reviews? We don’t need that at F*c*book! </sarcasm>

There is “no indication” that the people who violated one the most basic principles of security did anything nefarious. Sure, they are all good guys harvesting PWs. No credential-stuffing by these guys.