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The Nexus
SECURITYJun 11 · 07:00 UTCTHE REGISTER

Every employee’s password was stored in a single Excel file

A CEO of a 2,000-employee facility services company stored all employee usernames and passwords in an Excel file on his desktop, refusing multi-factor authentication (MFA) despite prior ransomware incidents and data breaches. The company later suffered two data breaches involving sensitive client data.

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