Mega Defends Its Security Practices
Dangerous_Minds writes "Recently, Slashdot posted about how cloud storage company Mega was 'riddled' with security holes. Freezenet points out that Mega has issued a response to some of these criticisms including one which criticized its use of SSL. Mega responded saying that if you could break SSL, you could break things much more interesting than Mega."
Assuming your security is good, because bigger people use it and they didn't run in a problem yet, doesn't mean your security is good. Also SSL is fine, however it isn't the end all be all in security. You just don't make it HTTPS and assume you are all good. Who actually reads data packets anyways nowadays?
I mean any basic network now uses switch over hubs now, So traffic is routed more cleanly to the host system with less spots for you packet sniff. Simple rookie mistakes like having your password stored in your session, where if someone has access to your PC can read you memory/cache/paging file/browser history can find it, or the DB UID for your user account is just as bad, or just a back door for your "Administrator" to gain more access.
Most developers don't really think in terms of security. That is the problem. SSL helps a little but but it isn't the end all bee all.
If something is so important that you feel the need to post it on the internet... It probably isn't that important.
Trust is a relative measure. I would trust Mega with storing personal copies of my favorite TV show, so I can e.g. access them on my tablet elsewhere. I wouldn't trust Mega with all my banking details, trade secrets, or highly sensitive government secrets, and would dare to say Mega has not been invented for that purpose...
The encryption is there for mega to maintain plausable deniabity about copyright infringement. If you want to keep something private don't upload it to mega. The question is not whether the encyrption scheme is sound, but whether it is reasonable in court to expect a company to break encryption (and most likely laws) to ferret out copyright violations.