Facebook Expects to Be Fined Up to $5B by FTC Over Privacy Issues

Re:Facebook Expects to Be Fined Up to $5B by FTC Over Privac... by bastawhiz on Wednesday April 24, 2019 @08:20PM (#19743827)

Storing plain text passwords doesn't make them money, but it negatively affects users, should those passwords be compromised. Though FB didn't prosper from the mistake, users potentially feel a cost, so the outcome is the same. Criminal negligence might not benefit the bad actor, but it's still a crime either way.

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Re:Facebook Expects to Be Fined Up to $5B by FTC Over Privac... by _cs2017_ on Thursday April 25, 2019 @03:58AM (#19745974)

Yes that's a good point.

It's a bit like Exxon Valdez: they don't profit from spilling oil in the ocean, but they should still be penalized for cutting corners on safety.

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Re:Facebook Expects to Be Fined Up to $5B by FTC Over Privac... by wavefunction on Wednesday April 24, 2019 @11:44PM (#19744783)

or using the plaintext passwords to extract a user's contacts when hashing it into a database would prevent facebook from impersonating that user and logging in to access their non-facebook social graph?

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