Feds Link $150M Cyberheist to 2022 LastPass Hacks

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A federal investigation has linked a recent $150 million cyberheist to the LastPass hacks of 2022. This connection raises concerns about the security measures employed by LastPass compared to competitors like 1Password, particularly in light of comments about encryption practices. Discussions among users highlight the differences in password manager security architecture, with a focus on how LastPass managed their encryption keys, and point out the potential risks in relying on cloud-based password storage. The conversation also touches on the importance of password management practices, such as rotation, in preventing such breaches. With skepticism surrounding LastPass's handling of the situation, users are considering alternatives for secure password management.
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