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Hospitals and other medical offices get hacked/breached all the time. Its because they do the minimum necessary(cheapest solutions) to comply with HIPAA laws that vaguely describe(open to wide interpretation) what kinds of protections should be used.
Also just about any company has/can and will be broken into. Valve however has extra protections floating around. Some you can see, some us users will never know about. If they DO have a breach then they'll handle it and you can do the legal needful if you think its appropriate.
Valve/steam seems to be a pretty security minded company. Anyway try to input only credit cards that you're using specifically for games nothing else. That way nobody can ruin your entire life, just a small chunk.
Anyway, still remember to have fun here.
By law such things have to be encrypted.
Well thats not strictly true. Valve themselves have said that on breaches people have had access to
It's usual for card details and passwords to be encrypted, but addresses and emails, not so much. The 'breach' that allowed anyone to reset anyones password and log in meant that if you can see it in your account, it's available. (Which again is why websites rarely show passwords or card details in full).
I never said they didn't get access. They did NOT get access to anything they could READ because it was encrypted as per the law.
While they still advised at the time to check your bank statements, that is a legal requirement too. Don't believe me? Then by all means check it.
And we saw a lot of posts at the time from people saying "hey yes, I found charges on my statement that shouldn't be there" once investigated every single one turned out to be just because they were now CHECKING their statements for the first time in ages and they were nothing to do with Steam.