Company failed to follow one of the most sacrosanct rules for password storage.
“Pays the price”!? $101 million? In 2023 Meta made a bit over $107 million of pure profit every day.
…apps for connecting to various Meta-owned social networks had logged user passwords in plaintext and stored them in a database that had been searched by roughly 2,000 company engineers, who collectively queried the stash more than 9 million times.
Only $100 million?
So what, like, 30 cents per violation?
This isn’t on meta this is on the garbage engineers who did nothing to fix it.