The French why they suck when it comes to YOUR security.

I've just heard about a new law that has apparently been passed in France, which means any e-commerce sites HAVE to store your data and passwords in UNENCRYPTED PLAIN TEXT form.

This means ANYONE working for that company can easily gain access to your details and it also means that so called "hackers" will much more easily be able to compromise your data, if Googles, face book and several other big names fight against this law fails, it is very likely that identity theft, bank fraud and so much more will be much more rampant.

Most companies IF they store your password do it encrypted NEVER in plain text and any GOOD company doesn't even need to store your password they use a method of password identification that checks if the password you entered is correct if it is your data is unencrypted if its not then you cant login, and this is done without them checking the word you typed in against a stored password they already have in their database.

Here are some links to the aforementioned law and remember even if you are not in France this is VERY LIKELY to effect YOU.

Details on the aforementioned law: http://ping.fm/0A8OF

Tech Giants Challenge French Data Retention Law: http://ping.fm/UeZAq

Are we turning a blind eye to the data retention issue?: http://ping.fm/JZ8OI

Taxing and woolly data retention laws will discourage new business: http://ping.fm/VTuxE

Also be sure and Check Out Episode #2 of Jupiter Broadcasting's TechSNAP where they talk about this in some depth: http://ping.fm/bOAmc

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