![]() Open-source code may seem less secure, but the collaborative nature of the system actually ensures security flaws are noticed and fixed much more quickly than in proprietary source code. In fact, many organizations choose to use open-source code, which means their code is widely accessible to a variety of developers. This puts LastPass’s intellectual property at risk - but it’s unlikely to affect password manager users. Source code theft enables attackers to identify further vulnerabilities within the code, or even sell the source code to unscrupulous competitors of the company. Most of the damage from stolen source code impacts the company itself, rather than its users. But LastPass assures users that, based on what they’ve learned from the breach, they’re “evaluating further mitigation techniques to strengthen environment.” For users, the biggest risk is that attackers can analyze the source code to identify authentication measures and create ways to bypass them in future attacks. Still, it’s not exactly good news that LastPass’s source code has been stolen. So despite LastPass’s security vulnerabilities, a password manager remains far superior to any other type of password storing system (including your memory). Research suggests zero-knowledge protocols are one of the best methods of authentication and identification. To achieve this, LastPass encrypts all your information so that nobody - not even LastPass staff or advanced cybercriminals - can access or decrypt your passwords, data, or backups, even if they’re hacked or stolen. a password) without exposing the actual information (e.g. Zero-knowledge architecture is based on the principle that you can prove your knowledge of something (e.g. Like most good password managers, LastPass uses zero-knowledge architecture. So, there’s no need for users to take any action. The only information that was stolen was the source code for LastPass’s software. The latest LastPass hack: what it means for LastPass usersĪccording to LastPass’s press release, no passwords, data, or personal information was compromised in the hack. Why password managers are still the best way to protect your passwords online.Whether you should trust password managers.What the latest LastPass hack means for password manager users.So, should you still trust your password manager? Or if you don’t yet use one, should you still consider it? In this article, you’ll discover: But like many others, you may have misgivings about continuing to use a password manager. LastPass have confirmed that no passwords were stolen or compromised, therefor anyone using LastPass can be confident that their passwords are secure. So, should users be worried about trusting LastPass with their security credentials? Only 20% of Americans use a password manager - and when security incidents like this happen, it’s difficult to persuade others to do the same. LastPass’s success is built around offering secure, trustworthy software, so a hack like this could be seen as a knock against the company - but it also impacts wider public trust in password management software. ![]() ![]() In August 2022, password management company LastPass fell victim to a cyberattack, in which hackers breached its systems and stole its source code.
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