Security Alert: Yahoo and Formspring report massive password leaks

shortformblog:

  • 450,000 Yahoo accounts were compromised, along with large quantities of database information that hacker group “DD3Ds Company” say they found completely unencrypted
  • 420,000 Formspring username and password hashes leaked this week, forcing the company to reset the passwords of all 28 million registered users in an effort to protect users’ data  source

» It hasn’t been a great summer for cyber-security, particularly when you consider how many well-known companies keep getting caught with lackluster security in place. So, how many more of these stories do you think it will take before major corporations quit storing user data in plain-text format?

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