How is this a "terribly mistake" ? 
If people use the "Site > Security > Set password" then this program can't 
decrypt the "sites".

Security through obscurity vs plain text

  _____  

From: [email protected]
To: Nagareshwar Talekar [mailto:[email protected]]
Cc: Full Disclosure [mailto:[email protected]]
Sent: Mon, 09 May 2011 14:21:34 +0200
Subject: Re: [Full-disclosure] New Tool - Flashfxp Password Decryptor Released !

On Mon, 09 May 2011 17:38:30 +0530, Nagareshwar Talekar said:
  > FlashFXP stores the password for all the configured FTP sessions in
  > the local file called "sites.dat". Passwords are encrypted with XOR
  > based encoding mechanism using the magic string as
  > “yA36zA48dEhfrvghGRg57h5UlDv3″. 
  
  A magic string of upper/lower/numeric. That just makes Baby Cryptographer 
Jesus
  cry...
  
  At that point, one has to wonder what *else* FlashFPX does terribly wrong.  
I'm
  sure you brilliant guys can find lots of hilarious uses for feeding it an 
ftp://
   URI of your own choosing. :)
  
    


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