LastPass Security Breach: LastPass claims no data was compromised despite cybersecurity attack

LastPass, the popular password manager app, was recently hit by a cybersecurity attack. However, the company has determined that the information, such as critical data and customer passwords, is secure. A few months ago, the same password storage app acknowledged that some of its vital source code and proprietary technical information had been accessed unauthorized by a third-party cloud storage company, which the company has used.

Was the LastPass security breach limited?

In its official statement, the company said the breach was limited to the development environment and failed to reach customers’ data and encrypted passwords. The company has not specified what information was accessed as the investigation is currently ongoing. It was further stated that the production environment is in a different physical environment than the development environment.

5 cybersecurity threats to watch out for in 2022

Protect yourself

In 2021, cybercriminals launched a wave of cyberattacks that were not only highly coordinated, but also much more sophisticated than ever before. You may have read about recent cybersecurity incidents affecting some of the largest companies in the world.

A wave of new threats, technologies and business models has emerged in the cybersecurity space as the world transitioned to a remote working model in response to the COVID-19 pandemic and then transitioned to a “hybrid” work culture.

These cyberattacks target everyone, but trends show that small businesses are one of the most common targets. Neelesh Kripalani, Chief Technology Officer of Clover Infotech, shares five cybersecurity threats that companies should be able to mitigate by 2022:

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The last time there was unauthorized access, the company examined the production build and source code to check for any attempts to inject malicious code. It said that the developers or hackers could not push or transfer the source code from the development environment to the production environment. According to the company, the capability is limited to a specific team of the build release. The changes can only take place until a thorough review, testing and validation is completed. CEO Karim Toubba has ensured more robust measures to prevent further threats.

Frequently Asked Questions:

  1. Which company acquired LastPass in 2015?
    GoTo, formerly known as LogMeIn, acquired LastPass in 2015.
  2. How LastPass grants access when someone forgets the master password?
    LastPass provides user-defined password hints in case the master password is missing.

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