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At What Point Does Storing Passwords in Plaintext Become Criminally Negligent

posted by Fnord666 on Sunday April 08 2018, @02:07PM   Printer-friendly
from the easier-to-check-that-way dept.

An Anonymous Coward writes:

https://www.privateinternetaccess.com/blog/2018/04/another-day-another-breach-at-what-point-does-storing-passwords-in-plaintext-become-criminally-negligent/

The third largest breach ever just happened in Finland. Passwords were stored in plaintext. At T-Mobile Austria, they explain that of course they store the password in plaintext, but they have so good security so it's nothing to worry about. At what point does this become criminally negligent?

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  • (Score: 2) by isostatic on Monday April 09 2018, @01:00AM

    by isostatic (365) on Monday April 09 2018, @01:00AM (#664106) Journal

    Equifax has about $3b a year revenue, $120m fines per data breach (so that's how many trillion for losing an entire country?) should impact those profit figures somewhat.

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