Lastpass Data Breach Frightens Users, Some Say Hack ‘May Be Worse Than They Are Letting on’

1 year ago

People progressive successful fiscal tech, bundle programming, cyber security, and cryptocurrencies person been talking astir the Lastpass information breach that was disclosed 2 days ago. The password absorption institution elaborate that a breach, committed earlier this year, allowed hackers to get a “backup of lawsuit vault data.”

Lastpass Reveals ‘Threat Actor Was Also Able to Copy a Backup of Customer Vault Data’

On Dec. 22, 2022, the password absorption steadfast Lastpass disclosed that an “unknown menace actor” managed to breach the firm’s cloud-based retention situation successful oregon astir Aug. 2022. As soon arsenic the quality was published, the Lastpass information leak has been a topical discussion connected societal media and forums. A large fig of radical believe that Lastpass’ concern “may beryllium worse than they are letting on.”

LastPass attackers present cognize each websites you person passwords stored for and the blobs, encrypted lone by your maestro password https://t.co/Wdbt6mWe8C https://t.co/HldcJ8DYkK

— SwiftOnSecurity (@SwiftOnSecurity) December 22, 2022

“Based connected our probe to date, we person learned that an chartless menace histrion accessed a cloud-based retention situation leveraging accusation obtained from the incidental we antecedently disclosed successful August of 2022,” Lastpass disclosed. The password absorption institution added:

The menace histrion was besides capable to transcript a backup of lawsuit vault information from the encrypted retention instrumentality which is stored successful a proprietary binary format that contains some unencrypted data, specified arsenic website URLs, arsenic good arsenic fully-encrypted delicate fields specified arsenic website usernames and passwords, unafraid notes, and form-filled data.

Lastpass insists the encrypted fields are unafraid with 256-bit AES encryption and the info tin lone beryllium decrypted by leveraging each user’s maestro password utilizing the firm’s zero-knowledge architecture. “As a reminder, the maestro password is ne'er known to Lastpass and is not stored oregon maintained by Lastpass,” the institution detailed.

lastpass gets hacked and instantly aft a ton of crypto wallets are breached into and drained

“be your ain bank”

nah spell interruption into a ceramic & mortar constitution if you privation my funds nerds, bully luck

— gainzy (@gainzy222) December 24, 2022

Lastpass’ Security Reassurance Doesn’t Seem to Convince a Number of Critics

However, a fig of reports judge that the concern is worse than Lastpass is letting on. Reviewgeek.com’s Andrew Heinzman stresses successful his study to “please, halt utilizing Lastpass.” “Even if you usage a beardown maestro password, there’s a accidental that hackers volition effort to phish immoderate accusation retired of you,” Heinzman wrote. The writer added:

To beryllium clear, Lastpass is inactive investigating this information breach. And aft 4 months of ‘sorry, it’s worse than we thought,’ customers are rightfully disquieted that Lastpass doesn’t person each the details. For each we know, things could get adjacent worse. We asked our readers to halt utilizing Lastpass successful July 2020.

Crypto protagonist Udi Wertheimer besides warned radical that if they usage Lastpass “attackers astir apt person a transcript of your vault.” Wertheimer’s proposal is the aforesaid arsenic Heinzman’s arsenic the integer currency proponent insisted that users should “stop utilizing Lastpass.”

“We don’t cognize however atrocious things are,” Wertheimer added. “It’s imaginable that attackers person ongoing access, truthful don’t conscionable alteration your passwords and enactment them backmost into Lastpass.” Moreover, a Twitter idiosyncratic who claims to person worked arsenic an technologist for the institution 7 years agone besides noted that Lastpass’ breach concern is simply a large deal.

“I worked astatine Lastpass arsenic an technologist a agelong clip ago. 7+ years ago. My 2 cents connected the situation,” the idiosyncratic said. “This is the worst breach Lastpass has had. By a lot. The cardinal quality is that lawsuit vaults were accessed this time, which are kept successful a wholly abstracted database.”

What bash you deliberation astir the Lastpass information breach and the speculation that it is worse than Lastpass is letting on? Let america cognize what you deliberation astir this taxable successful the comments conception below.

Jamie Redman

Jamie Redman is the News Lead astatine Bitcoin.com News and a fiscal tech writer surviving successful Florida. Redman has been an progressive subordinate of the cryptocurrency assemblage since 2011. He has a passionateness for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written much than 6,000 articles for Bitcoin.com News astir the disruptive protocols emerging today.

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