A lot more than initially state
Facebook says it stored millions of Instagram users’ passwords in plain text, leaving them exposed to people with access to certain internal systems. The security lapse was first reported last month, but at the time, Facebook said it only happened to “tens of thousands of Instagram users,” whereas the number is now being revised up to “millions.” The issue also affected “hundreds of millions of Facebook Lite users” and “tens of millions of other Facebook users.”
Passwords are supposed to be stored in an encrypted format that allows websites to confirm what you’re entering without directly reading it. But as Krebs on Security first reported, various errors seem to have caused Facebook’s systems to log some passwords in plain text since as early as 2012. Facebook noticed the problem in January and said in March that the issue had been resolved.
The passwords were stored within Facebook and were accessible to more than 20,000 employees, according to Krebs. Facebook says it investigated access to the passwords, and that it found “no evidence of abuse or misuse.” It also says no passwords were exposed externally. Facebook doesn’t seem to be actively recommending that people change their passwords.
“This is an issue that has already been widely reported, but we want to be clear that we simply learned there were more passwords stored in this way,” a Facebook spokesperson said in a statement.
Today’s update just expands the scope of the security lapse. Facebook has had a particularly bad year when it comes to security issues — Cambridge Analytica, a giant hack, another hack — and this news comes the same day that we found out Facebook had been accessing and storing some users’ email contacts without their permission, after encouraging users to hand over their email address passwords. Facebook says it’ll be contacting all the people whose Instagram passwords were improperly stored.
Source: The Verge
You may think it’ll never happen to you. You read the news, hear about stories of a friend of a friend, but you never think that you’ll become a cautionary tale— that’s where you’re wrong.
If you think your business is safe from cyber attacks because you’re “too small to hack,” think again—small businesses are a major target of hackers precisely because of this mentality.
Banking and finance sites have the greatest risk for getting hacked, a new report says.
Reached out to your IT guys immediately.
Companies are struggling to fend off cyber attacks as hackers get faster, sneakier and more creative.
A lot more than initially state
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