The recent FlipBoard breach shines a spotlight again on password security and the need for organizations to be more vigilant. Password storage is a critical area where companies must take steps to ensure they don’t leave themselves and their customer data vulnerable.
Storing passwords in plaintext is recognized as a major cybersecurity blunder. Despite this, many companies, including Facebook and Google, have committed this faux pas. When hackers gain access to a plaintext password database, they then have access to all the user accounts in that system, but often, due to the reuse of passwords, it can create a breach domino effect for other organizations.
