All those information leaks revealing critical user data including passwords have risen the sensibility how important it is to keep your users account information safe. The safest way to be secure from those security incidents is, of course, not to store any passwords at all. And if you do not transmit any password over the wire, your system becomes even safe from sniffing attempts!
A proven way to archive this it is defined with SRP, the Secure Remote Password protocol. This session shows you how to implement it and shares some experience from production systems using it.