Last night, Facebook revealed that it found a flaw in January in its systems that stored user passwords in plain text, which meant that anyone who had access to them could read those passwords without having to decrypt them. The vulnerability impacts “hundreds of millions of Facebook Lite users, tens of millions of other Facebook users, and tens of thousands of Instagram users.” What’s more shocking is that, according to cybersecurity journalist Brian Krebs, in some instances, the company has been storing these passwords without securing them since 2012. The report also noted that because of the flaw, nearly 20,000…

This story continues at The Next Web

Or just read more coverage about: Facebook

Facebook’s reportedly been storing millions of user passwords in plain text since 2012
Source: The Next Web