LastPass, Password Manager Used By Millions Across the World Says It Was Hacked

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LastPass is a password manager used by more than 33 million people around the world. (representative)

LastPass, a password manager used by more than 33 million people around the world, said a hacker recently stole source code and proprietary information after breaking into its systems.

The company does not believe passwords were stolen as part of the breach and users should not take any action to secure their accounts, according to a blog post Thursday.

An investigation found that an “unauthorized party” had hacked into its developer environment, the software employees use to build and maintain LastPass’ product. The perpetrators were able to gain access through a single compromised developer account, the company said.

The attack hit a company that, on behalf of its users, generates and stores hard-to-crack, auto-generated passwords for multiple accounts, such as Netflix or Gmail, without the need to manually enter credentials. LastPass lists Patagonia, Yelp Inc. and State Farm as customers on its website.

Cybersecurity website Bleeping Computer reported that it had asked LastPass about the breach two weeks ago.

Allan Liska, an analyst with the Computer Security Incident Response Team at cybersecurity firm Recorded Future, said he was impressed with LastPass’ “quick notification”.

“While two weeks may seem long to some, it can take time for incident response teams to fully assess and report on a situation,” he said. “It will take time to fully determine the extent of any damage resulting from the breach. For now, however, it does not appear to affect the customer.”

LastPass did not immediately respond to a request for further comment.

Social media speculated that hackers could gain access to password vault keys after stealing the source code and proprietary information.

“The stolen source code is unlikely to give the criminals access to customer passwords,” Liska said.

(Except for the headline, this story has not been edited by NDTV staff and has been published from a syndicated feed.)


The Valley Voice
The Valley Voicehttp://thevalleyvoice.org
Christopher Brito is a social media producer and trending writer for The Valley Voice, with a focus on sports and stories related to race and culture.

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