Read more: cyberscoop.com
The Irish Data Protection Commission (DPC) has imposed a significant fine of €91 million on Meta Platforms Ireland Limited for storing user passwords in plaintext on internal systems. This incident, which Meta self-reported in 2019, revealed a serious security lapse in the company’s data handling practices. The fine underscores the importance of secure password storage and the potential consequences of failing to implement robust security measures to protect user data.