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Twitter Inc. TWTR, +0.39% said late Thursday that it had located a bug that stored its more than 330 million user passwords unmasked in an internal log, but had found no evidence of breach or misuse by anyone. Twitter stock was down more than 1% after hours, and closed up a fraction to $30.67 during regular trading. In a blog post, Twitter said that it recommended its users change their passwords on the service and any others that use the same password. "Due to a bug, passwords were written to an internal log before completing the hashing process," the company's Chief Technology Officer Parag Agrawal wrote in the blog post. "We found this error ourselves, removed the passwords, and are implementing plans to prevent this bug from happening again." After logging two profitable quarters, Twitter stock has gained 27% this year as the benchmark S&P 500 index SPX, -0.23% fell 1.4%.
Twitter Admits All Passwords Visible to Employees Due to ‘Bug’
Social media company Twitter has advised users to change their account passwords after it was discovered that a bug resulted in user passwords being stored in an insecure manner.
In a blog post titled “Keeping your account secure,” company CTO Parag Agrawal explained that the platform utilizes software that masks user passwords, preventing anyone at the company from viewing them. But due to a bug, all user passwords were stored in plaintext in an internal log. Agarwal says that they have investigated and fixed the bug and so far have found no signs of misuse or breach of user data.