Mega Fileshare Service Riddled With Security Holes

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Security experts have found a host of security vulnerabilities in Kim Dotcom’s new online storage venture Mega, but many suspect his claims of  tough data protection were only a smokescreen to distract attention by law enforcement agencies.

Mega, a follow-up to Dotcom’s Megaupload service shut down by law enforcement, launched on Sunday. Its founder boasted it was “the privacy company”, offering 50GB of free online storage to every user and blanket encryption across the site.

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Story added 23. January 2013, content source with full text you can find at link above.