Is NordPass a secure place for your digital valuables? However, we admit that seeing a competitor affected by a breach of this magnitude is an acute reminder to stay vigilant and prepared at all times. Let’s be clear - the LastPass data breach does not have any direct effect on NordPass, its users, or users data.Īfter all, we’re two different companies and products with completely different security approaches and mindsets. Did the LastPass data breach affect all password manager users? In fact, it has already led to a class-action lawsuit, with one plaintiff alleging that the data breach resulted in the theft of around $53,000 worth of Bitcoin.
The response from LastPass to the breach has been met with criticism from both industry experts and customers. The extent of the breach is not yet clear, but it is likely that it included some personally identifiable data such as email addresses, phone numbers, and billing information for some users. The company's latest statement explains that an unauthorized party was able to access LastPass' cloud-based storage environment and copy customer vault data along with information from a backup of customer account information. Unfortunately, the recent LastPass data breach shows that even well-known companies can fall short security-wise. So as our personal and financial information is increasingly getting stored online, it is critical that companies take all necessary steps to protect their customers' data. In fact, today, cybercrime is the most lucrative criminal activity and is estimated to cost the world $10.5 trillion annually by 2025. The LastPass data breach breakdownĬybercriminal activity has been on a steady rise for the last decade, and it looks that the trend is not about to change. So today, let’s get into the LastPass data breach and what it means for NordPass users. The breach serves as a stark reminder that no online service provider may be completely bulletproof breach-wise.
The news sent shockwaves through the industry, leaving many password manager users - especially LastPass users - concerned about the security of their sensitive information. On December 22, 2022, LastPass announced that a data breach first disclosed in August 2022 was far more extensive than initially thought.
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