Change Your Facebook Password, Here’s Why

(The AEGIS Alliance) – SILICON VALLEY, CALIFORNIA – Facebook is under fire again. Following a year worth of controversy about the social media platform in 2018, the company said it was prepared to turn a new leaf in 2019. However, that was said before Brian Krebs at Krebs on Security made a report that Facebook stored hundreds of millions of user password on its company servers all in plain text.

Why it’s a problem

Although it may not sound too bad to some, you would then realize that keeping passwords in plain text means they were fully readable. Usually Facebook salts and hashes password, preventing them from being viewed. More so, the passwords were kept on a server, as Krebs reported, that had been accessed millions of times by around 2,000 developers and engineers.

Is it a big deal?

If you are wondering why that is a big deal, it’s because any one of those developers or engineers could have been so inclined that they could have looked at that information and used it to access users’ accounts.

Will there be backlash?

It does not appear that Facebook will be hurting much or face a lot of backlash with either its stock price or user amounts.

After the initial reports of this news, Facebook’s stock had been trading marginally higher at $166 per share on Thursday at 2:30 p.m.

Facebook says no need to worry

For its part, Facebook said there is not any evidence that employees were abusing their access to password data. Looking even further, the fact the passwords were stores in a readable format had been discovered by Facebook itself during a review of its security. However, this problem was discovered back in January, and we are just now only hearing about it.

Lies and controversy

All of this happened in under a month after CEO Mark Zuckerberg was talking about, in a lengthy Facebook post, that the company was “doubling down on privacy” and “ensuring users’ data remains safe.”

Facebook’s VP of engineering, security and privacy, Pedro Canahuati, explained the latest issue in a post, and said Facebook is going to notify “hundreds of millions of Facebook Lite users, tens of millions of other Facebook users, and tens of thousands of Instagram users” letting them know their passwords had been part of that batch stores in plain text.

Change your Facebook password

Let’s face it, if you are a Facebook user, you should most likely change your password as soon as possible. The same goes for Instagram users. Although WhatsApp passwords were not mentioned in the new privacy problem, it’s still a good idea to change your password there also.

Facebook’s problems do not add up

This news is following what happened in 2018, including a bug that exposed millions of users’ private photos to app developers. There was also the “View as” bug, that allowed hackers to exploit access tokens that are used to keep users logged in to Facebook. The tokens are able to be used to gain access to users’ accounts.

Those problems and more happened after learning about the Cambridge Analytica scandal.

Facebook could also face a record-setting multi-billion dollar fine by the Federal Trade Commission (FTC)

Facebook has also come under fire for other issues such as misinformation in Myanmar and IIndia WhatsApp, which resulted in actual killings and violence

In conclusion

Even though there have been a lot of negative headlines over the last year, Facebook’s number of users has not suffered. Facebook said it saw active users growing daily within every geographic location it serves in the last quarter. Monthly active users also either remained stable or grew for the quarter.

Will this new Facebook scandal have an impact on the company? It is likely it will not.

Kyle James Lee – The AEGIS Alliance – This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

e4cf851f05262c89b5169c8bceab261f?s=130&r=pg
Kyle James Leehttps://www.theaegisalliance.com
Majority Owner of The AEGIS Alliance. I studied in college for Media Arts, Game Development. Talents include Writer/Article Writer, Graphic Design, Photoshop, Web Design and Development, Video Production, Social Media, and eCommerce.

The AEGIS Newsletter sends out after 8 articles are published during reasonable U.S. hours. May also include occasional updates about our YouTube Channel. Signup Form:

Please consider sending us a monetary contribution toward promoting important social and humans rights issues that don't show support for politicians via Crypto. We also accept PayPal and Checks by mail. Click here to Donate.

  • bitcoin Bitcoin
  • ethereum Ethereum
  • Xrp
  • litecoin Litecoin
  • stellar Stellar
  • bitcoin cash Bitcoin cash
  • dogecoin Dogecoin
  • usdcoin Usdcoin
  • aave Aave
  • uniswap Uniswap
  • wrappedbitcoin Wrappedbitcoin
  • eos Eos
  • cosmos Cosmos
  • tezos Tezos
  • Synthetix
  • dash Dash
  • maker Maker
  • dai Dai
  • ethereum classic Ethereum classic
  • zcash Zcash
Scan to Donate Bitcoin to 35fJFcE1xQPwt1KujXUrmKn9J8WEnm9BbM

Contribute Bitcoin to this address

Scan the QR code or copy the address below into your wallet to send some Bitcoin

Scan to Donate Ethereum to 0x2764fe441CB5EBd9919eDAD4b2Bf70Dc2dC399Da

Contribute Ethereum to this address

Scan the QR code or copy the address below into your wallet to send some Ethereum

Scan to Donate Xrp to rw2ciyaNshpHe7bCHo4bRWq6pqqynnWKQg:::ucl:::4125838298

Contribute Xrp to this address

Scan the QR code or copy the address below into your wallet to send some Xrp

Scan to Donate Litecoin to MKVu1osxKsRSBc7U2NdgdYnyjMPanMUxx9

Contribute Litecoin to this address

Scan the QR code or copy the address below into your wallet to send some Litecoin

Scan to Donate Stellar to GDQP2KPQGKIHYJGXNUIYOMHARUARCA7DJT5FO2FFOOKY3B2WSQHG4W37:::ucl:::1372392101

Contribute Stellar to this address

Scan the QR code or copy the address below into your wallet to send some Stellar

Scan to Donate Bitcoin cash to qr9j84dx9736ultjr7ty2dcr5rl27z5m2vx0hjqw57

Contribute Bitcoin cash to this address

Scan the QR code or copy the address below into your wallet to send some Bitcoin cash

Scan to Donate Dogecoin to D6FCQDbi1cenyKAyg6pWLy6gnhdRra2tXG

Contribute Dogecoin to this address

Scan the QR code or copy the address below into your wallet to send some Dogecoin

Scan to Donate Usdcoin to 0x0D835EF9e29dDD73C380F0d6E191EABb1ff09948

Contribute Usdcoin to this address

Scan the QR code or copy the address below into your wallet to send some Usdcoin

Scan to Donate Aave to 0x8B0bCAc87797F076c79875B29b8Bd0B27600E653

Contribute Aave to this address

Scan the QR code or copy the address below into your wallet to send some Aave

Scan to Donate Uniswap to 0xdc3BCc8Fb024711a1a5EFA9AA03684A5eC7e1E53

Contribute Uniswap to this address

Scan the QR code or copy the address below into your wallet to send some Uniswap

Scan to Donate Wrappedbitcoin to 0x751EA7C46f2c2300dBB152A8AEa15d3635c28239

Contribute Wrappedbitcoin to this address

Scan the QR code or copy the address below into your wallet to send some Wrappedbitcoin

Scan to Donate Eos to coinbasebase:::ucl:::4148396760

Contribute Eos to this address

Scan the QR code or copy the address below into your wallet to send some Eos

Scan to Donate Cosmos to cosmos1jzsxgx8q9hcfrqj9rp5zcmwrg036mq3293kmgy

Contribute Cosmos to this address

Scan the QR code or copy the address below into your wallet to send some Cosmos

Scan to Donate Tezos to tz1iJcMLYSBH3jpMGQnmHMhhyHwYbjPtGxja

Contribute Tezos to this address

Scan the QR code or copy the address below into your wallet to send some Tezos

Scan to Donate Synthetix to 0xf698dbbeEa1643Ba38E96C36AB6Bb159b243EfF1

Contribute Synthetix to this address

Scan the QR code or copy the address below into your wallet to send some Synthetix

Scan to Donate Dash to XgCyxihABi2Aj9F9XEcfWuffm24jv7BXx7

Contribute Dash to this address

Scan the QR code or copy the address below into your wallet to send some Dash

Scan to Donate Maker to 0xE595297c54804A8Ab9D28B6BEaE8883593F687aE

Contribute Maker to this address

Scan the QR code or copy the address below into your wallet to send some Maker

Scan to Donate Dai to 0x1BB5235FDC23985AFf3DcEfB32de3272BD477669

Contribute Dai to this address

Scan the QR code or copy the address below into your wallet to send some Dai

Scan to Donate Ethereum classic to 0x445F9E3F78c66A571179f06A478ee6f912c2E3d1

Contribute Ethereum classic to this address

Scan the QR code or copy the address below into your wallet to send some Ethereum classic

Scan to Donate Zcash to t1VzosYBYkWFt4s91GupLZmPQLKPtwk67zq

Contribute Zcash to this address

Scan the QR code or copy the address below into your wallet to send some Zcash


Leave A Comment

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Please consider sending us a monetary contribution toward promoting important social and humans rights issues that don't show support for politicians via Crypto. We also accept PayPal and Checks by mail. Click here to Donate.

The AEGIS Newsletter sends out after 8 articles are published during reasonable U.S. hours. May also include occasional updates about our YouTube Channel. Signup Form:

Signup for The AEGIS Alliance Newsletter!
The newsletter sends out once after eight new articles are published, during reasonable U.S. hours. Newsletters may also contain occasional updates about what's new on our YouTube.
Submit
You can unsubscribe at any time!
close-link