cPanel is a website hosting company, provides various benefits to the users and make it simpler for their web hosting. Recently according to the internet resources, that cPanel was hacked in the weekend and the contact details were exposed in public. Customer information like name, contact details and their salted passwords which means encrypted password were exposed to public.
Company had announced that the payment information like credit card details were in the separate system and it is safe. It also ask users to update their passwords via email over the weekend (republished here). It is also informed that the new password encryption is added for stronger password encryption and it is also forcing users to update their password for the strong security. Even though the salted passwords are shared, it is not susceptible unless it is decrypted.
Providing security is always the important factor for service providers and all other users.