With no fanfare whatsoever, Facebook has revealed that it stored the passwords for millions of Instagram accounts in plain text. The news came as the company quietly updated a blog post from last month in which it revealed that it had stored hundreds of millions of unencrypted Facebook passwords on its servers. At the time, the company said "tens of thousands" of Instagram users were affected. Revising this figure upwards, Facebook says: "We now estimate that this issue impacted millions of Instagram users". See also: Privacy: Facebook 'unintentionally' scraped and uploaded 1.5 million users' email contacts Data of 540 million…
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