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I wouldn't say Lemmy doesn't care about your privacy, but probably they didn't have enough traffic before the death of Reddit to really prioritize it. I myself have security concerns, particularly with the storage of account data on servers that who knows where they are hosted or what the security is. But I would say Lemmy instances are much more likely to be targetted for attacks by malicious hackers than Reddit, because most instances are likely hosted on far less secure machines than Reddit servers.
Not that I don't agree but there is a pretty big citation needed there.
We don't really know how secure Reddit Servers are and their attack surface is likely to be far larger.
You're right that we don't know how secure Reddit servers are. But I would bet that they're more secure than some instances that are hosted on someone's personal home network. My statement wasn't an authoritative fact, but it was a well educated guess based off of real world data.
Reddits servers are under attack all the time, and its amazing that Reddit wasn't down literally every day from attacks. Yes Reddit was successfully hacked before. Probably multiple times we don't kniw about. However, I repeat that the security on whatever network they have their servers on is probably more than the security that average Joe Schmuck has on his Lemmy instance he runs from his house. I would imagine that like any business with server farms that isnt massive like Microsoft, Reddit probably rents servers at a farm. Some Lemmy instance hosters might do this, but I guarantee you that a lot of Lemmy instances are hosted from a home network, which is inherently less secure. The server farms follow rigorous cybersecurity protocols, Joe Schmuck probably left his NetGear router admin password as the default password sonce he bought it 7 years ago and hasnt updated its firmware since.
I'm pretty sure that most lemmy instances run on a VPS, where the only thing you actually have to worry about usually is securing SSH, i.e. only using keys and setting up fail2ban. After that it's only a matter of securing lemmy the software itself, which is a whole other discussion.
Lemmy support is full of people tripping over themselves because they didn’t change the lines in the default docker-compose that the docs explicitly say “You must change this to match your environment”.
“The only thing you actually have to worry about” is doing a lot of heavy lifting.
What account data are you referencing?
I mostly mean username and password credentials, primarily the storage and handling of passwords. Most people don't take cybersecurity seriously and use the same username and passwords for every site they log into. Someone steals your Lemmy data, and they can try it on every social media and gain access to everything. Now, I am not one of those people, and my Lemmy account credentials are unique to Lemmy only, but imagine if someone joined and used the same credentials they always do, including for their bank login. There is where the concern is.
Passwords are hashed and salted.