Today Twitter announced on their company blog that they found a bug within their password system. "Due to a bug, passwords were written to an internal log before completing the hashing process. We found this error ourselves, removed the passwords, and are implementing plans to prevent this bug from happening again."
Twitter hashes users passwords before storing them in their database. The hashing process turns your password into a string of random digits, this helps stop hackers from seeing your actual password. Twitter states that they don't believe the internal log was breached or misused by anyone, however they still urge users to change their passwords.
"Out of an abundance of caution, we ask that you consider changing your password on all services where you've used this password. You can change your Twitter password anytime by going to the password settings page."
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