Is LastPass Secure?

With the increase in our online accounts, remembering the username and password for each one of them has become a challenge. How frequently have you been locked out of your account just because you can’t remember its password? And, no, don’t think about using the same password for each account. That’s always a terrible idea. Period.

According to an often-quoted study by Microsoft Research, the average user has 6.5 passwords, each of which is shared across 3.9 different sites. Each user has about 25 accounts that require passwords, and types an average of 8 passwords per day.

With an account for Facebook to an account for your colleges’ portal, it can be a test on its own to just remember your credentials. This is why someone somewhere ended up with the brilliant idea of developing a password manager!

Password Manager? You’ve heard of passwords but what’s this manager? Essentially, a Password Manager acts as an organizer that securely retains your passwords to each online account so you don’t have to constantly scratch your head trying to recall a password. Such a password manager is LastPass, a globally commendable encrypted service.

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What is LastPass?

LastPass is a password manager and password generator that locks your passwords and personal information in a secure vault. LastPass was initially released on August 22, 2008. Since October 2015, LastPass has been acquired by LogMeIn Inc.

From your LastPass vault, you can store passwords and logins, create online shopping profiles, generate strong passwords, track personal information in notes, and more. All you have to do is remember your LastPass master password, and LastPass will autofill web browser and app logins for you.

With LastPass, you avoid getting locked out of your online accounts or struggle with frustrating password resets.

LastPass also offers a premium version that offers extra benefits such as unlimited sharing of passwords, items and notes, 1 GB of encrypted file storage, premium multi-factor authentication, priority tech support, and a desktop fingerprint authentication.

What Happens if LastPass Gets Hacked?

It’s the age of hackers and its said that almost everything on the internet is hackable, let’s see how LastPass deals with its security.

As a password manager, security is our top priority. We strive to ensure our customer’s most sensitive information is kept private and safe, at all costs. As a software company, bugs and issues arise naturally and while they’re uncomfortable and concerning, they’re part of the natural process that make LastPass as secure as it is.

According to LastPass, they’ve only experienced a single security incident in their 10-year history which dates back to 2015. Fortunately, no encrypted vault data was compromised.

LastPass frequently tests is infrastructure and even in most extreme tests, their systems have notably withstood and protected the encrypted vault that hosts intricate data of its users. This further solidifies our confidence in the foolproof network they’ve developed.

If LastPass does suffer a hack, hackers won’t really get anything other than gibberish information. That’s because they use AES-256 bit encryption which encodes your data to a level which renders it of no use to any person other than the actual recipient with a valid decryption key.

How is LastPass secure and how does it encrypt/decrypt my data safely?

Now that we’ve understood the commitment of this password manager, let’s see what’s under the hood.

Notably, LastPass works under the zero-knowledge security model where any and all sensitive data stored in LastPass is encrypted at the device level with AES-256 bit encryption before it gets synced with Transport Layer Security (cryptographic protocol intended to provide communications security over a computer network) to protect it against man-in-the-middle attacks.

Additionally, LastPass employs industry’s best security practices to secure their infrastructure by frequently upgrading their systems, as well as utilizing redundant data centers to reduce the risk of downtime or a single-point-of-failure. Reportedly, LastPass is market-tested by over 43,000 companies, including Fortune 500 and leading tech enterprises.

Encryption and decryption works seamlessly by verifying the key. Once the key is verified meaning you’ve successfully entered the correct password, then only will you be able to view your passwords saved on LastPass.

Belonging to a security providing service, it goes without saying that safety measures are essential to a daily routine at LastPass. Like PureVPN, LastPass too conducts at least one annual test to help fortify and validate the security their product as vetted by security examining services.

LastPass also participates in bug bounty programs on BugCrowd, where white-hat researchers correctly reveal bugs so companies can improve their product and further strengthen it against hackers and cybercriminals. This further solidifies their promise in keeping users passwords secure as they should be.