Facebook stored millions of passwords as plain text

On Thursday, following a report by Krebs on Security, Facebook acknowledged a bug in its password management systems that caused hundreds of millions of user passwords for Facebook, Facebook Lite, and Instagram to be stored as plaintext in an internal platform.

Culture eats strategy for breakfast, they say, but the thing about Facebook is that neither its culture nor its strategy is for you to have any privacy. There's nothing in Facebook that can prevent it from stripping away privacy, in ways both intentional and unexpected, because that's the point.

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It’s everything from grills to security cameras to MacBook Pros, and they might be as low as they’re ever going to

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