Meta has been fined $101.5 million by the Irish Data Protection Commission (DPC) for storing over half a billion user passwords in plain text for years, with some engineers having access to this data for over a decade. The issue, discovered in 2019, predominantly affected non-US users, especially th...

The social media giant is levied a hefty fine in the EU for the substandard security practices it used to protect users' passwords.

Meta is facing a fine of $102 million for storing some users’ passwords in “plaintext”. The company has admitted to poor password management.

Meta was punished Friday with a fine worth more than $100 million from the social media giant's European Union privacy regulator over a security lapse involving passwords for Facebook users.

Meta was punished Friday with a fine worth more than $100 million from the social media giant's European Union privacy regulator over a security lapse involving passwords for Facebook users. The Irish Data Protection Commission said it slapped the U.S. tech company with the 91 million euro ($101.6 million) penalty…

Across Facebook and Instagram, Meta has been storing more than half a billion users' passwords in plain text, with some easily readable for more than a decade.