The lead European Union privacy regulator for Meta hit the tech giant with a fine worth more than $100 million Thursday over failing to properly store some users' passwords. The Irish Data Protection Commission (DPC) said Meta was fined 91 million euros, equal to nearly $106 million, following a years-long investigation. Meta informed the commission in 2019 that it inadvertently stored certain passwords of their platforms' users in "plaintext," or without protection or encryption, according to the DPC. The passwords were not available to external parties, the DPC said. “It is widely accepted that user passwords should not be stored in plaintext, considering the risks of abuse t
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