A few days ago, I wrote about the Stormpath Video on how to secure passwords. Now Stormpath has published a blog post that covers the same material. This is good stuff and if you're working on a site that handles users' passwords, you need to know this material.
Both the video and blog post give a very accessible introduction on how to handle passwords. If your idea is just to throw them into a database as plain text or to run them through MD-5 and then throw them into a database, you need to study this material. Otherwise, sooner or later, you will have your users' information compromised. It's really not that hard—you just need to know what to do. Stormpath is doing everyone a service by telling you the proper steps. Read them already.