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What are the cybersecurity weaknesses of the Fediverse?
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A big one I see that if you join any instance it's someone else computer. Not different from Meta/Reddit. But the probability that among all the instance there is one imposter who wants to steal your credential is non zero.
As usual don't use the same password everywhere
Yeah, having big companies run everything was terrible but at least you had like, a team of peeps whose job it was to make sure that the whole company didn't implode due to a breach (because they would at a minimum be out of work or worse never get a job in the field).
I don’t understand what the point of making more than one account really is if we can view and post to or from any community or instance
It's not really required, but does have its uses. For instance, if your instance is down or heavy load, you could log in from another instance. Also, if your home instance has defederated other instances you are interested in, you can log into an alt to view content from it, etc.
If you want to see Beehaw you need a separate account as far as I know since they defederated.
They don't mean don't use the same password for other accounts on Lemmy, they mean don't use the same password for other accounts period. Use a password manager or something, and generate a new password for each account. If you use the same one across different services, if one gets hacked they have access to all of them that used the same credentials.