Threat actors now have access to your name, address, email address, phone number, along with the plaintext website URLs, telling them which websites you have been visiting, making it very easy for them to conduct compelling targeted phishing attacks. That means once the vault is decrypted, they will have access to all your website credentials, secure notes, sensitive documents, addresses, payment card information and bank account details. Since the threat actors now have access to the vault, they only need to find the master password to generate a decryption key to be able to open the vault to gain access to contents.

The vault is encrypted using an encryption key which is derived from the end-user’s master password. Unauthorised access to data stored within the vault Some of the implications to end-users may include. This is one of the worst data breaches that could happen with dire consequences for end-users. LastPass compromise is a stark reminder for us all that how much trust we should put on the online services that store and process our personal, financial or sensitive information.

LastPass announced the major data breach only on December 22, 2022, however, did not share further details of the timeline when the customer data was actually compromised, which means, there is a potential that the data breach could have taken place anytime between August 25 and December 22, 2022. In their latest announcement, even though LastPass makes it appear that the two data breaches are separate from each other, there is a potential that the first incident in August 2022 has led to the second incident, resulting in compromise of customers’ personal information and the password vaults. LastPass had initially reported an incident on August 25, 2022, where it had mentioned that -Ī portion of the source code from their development environment was compromised through a compromised developer account, however, there was no evidence that the customer data or the encrypted password vaults were impacted.

LastPass announced a major data breach on December 22, 2022, just before the Christmas holiday period.

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