A helpful Snap helpdesk guy helped me reconfigure my Fritzbox today, as I'd messed it up and had to reset to factory default. The worrying part is he was able to tell me the password I selected when I created my Snap account.
Passwords should really be encrypted or hashed. They could be encrypted in their database and decrypted in software, which is still not super secure but better than nothing. If someone breaks into the Snap systems they could access my account, if I'd reused the password (which I haven't) the repercussions could be significant if someone broke into internet banking. It also makes me wonder what else isn't encrypted - bank account details, credit card details, my personal information etc?
I'd appreciate a comment from Snap please.