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Meta fined $102 million for storing passwords in plain text
(www.engadget.com)
This is a most excellent place for technology news and articles.
These things are the other way around. The older something is, the more likely it is to find a bunch of questionable choices, spaghetti code, and security holes.
The questions I have surround the "since 2012" bit. FB exists since 2004, so what happened in 2012? Was it a data dump, a careless logger, system migration, or something else?
Careless logging is the one.