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LastPass, the cloud storage system for passwords, suffered a security breach in late 2022 that caused ripples in the security world. Some elements of user data were retained, although many were encrypted. The company has downplayed the potential impact. security adviser does not. LastPass appears to be on the right track in terms of immediate disclosure and investigation, which should be a no-brainer at this point. It also had internal policies that could help limit its exposure (and any losses to users), although that remains to be seen.
Why it matters
First, it’s important to understand what happened: The company said intruders gained access to its cloud database and obtained a copy of tens of millions of customers’ data vaults using credentials and keys stolen from a LastPass employee .
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