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Meta fined $102 million for storing passwords in plain text
(www.engadget.com)
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this post was submitted on 27 Sep 2024
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Have you seen IT budgets? Some vice-president of technology is going to be pissed his numbers look bad compared to his peers during their weekly numbers measuring contest.
Its about $2.6 billion per week in revenue, even by the weekly numbers its not an impact
(based on ~$135b in revenue for 2023, according to financial disclosure reports)
😱