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Category — Password Management
LastPass Suffers Another Security Breach; Exposed Some Customers Information

LastPass Suffers Another Security Breach; Exposed Some Customers Information

Dec 01, 2022 Password Management
Popular password management service LastPass said it's investigating a second security incident that involved attackers accessing some of its customer information. "We recently detected unusual activity within a third-party cloud storage service, which is currently shared by both LastPass and its affiliate, GoTo," LastPass CEO Karim Toubba  said . GoTo, formerly called LogMeIn, acquired LastPass in October 2015. In December 2021, the Boston-based firm  announced  plans to spin off LastPass as an independent company. The digital break-in resulted in the unauthorized third-party leveraging information obtained following a previous breach in August 2022 to access "certain elements of our customers' information." The August 2022 security event  targeted  its development environment, leading to the theft of some of its source code and technical information. In September, LastPass  revealed  the threat actor had access for four days. The scope of the ...
Hackers Breach LastPass Developer System to Steal Source Code

Hackers Breach LastPass Developer System to Steal Source Code

Aug 26, 2022
Password management service LastPass confirmed a security incident that resulted in the theft of certain source code and technical information. The security breach is said to have occurred two weeks ago, targeting its development environment. No customer data or encrypted passwords were accessed, although the company provided no further details regarding the hack and what source code was stolen. "An unauthorized party gained access to portions of the LastPass development environment through a single compromised developer account and took portions of source code and some proprietary LastPass technical information," LastPass CEO Karim Toubba  said . Amidst ongoing investigation into the incident, the company said it has engaged the services of a leading cybersecurity and forensics firm and that it has implemented additional countermeasures. LastPass, however, didn't elaborate on the exact mitigation techniques that it used to strengthen its environment. It also reiterated that...
The Evolving Role of PAM in Cybersecurity Leadership Agendas for 2025

The Evolving Role of PAM in Cybersecurity Leadership Agendas for 2025

Feb 06, 2025AI Security / Cybersecurity
Privileged Access Management (PAM) has emerged as a cornerstone of modern cybersecurity strategies, shifting from a technical necessity to a critical pillar in leadership agendas. With the PAM market projected to reach $42.96 billion by 2037 (according to Research Nester), organizations invest heavily in PAM solutions. Why is PAM climbing the ranks of leadership priorities? While Gartner highlights key reasons such as enhanced security, regulatory compliance readiness, and insurance requirements, the impact of PAM extends across multiple strategic areas. PAM can help organizations enhance their overall operational efficiency and tackle many challenges they face today. To explore more about PAM's transformative impact on businesses, read The Cyber Guardian: PAM's Role in Shaping Leadership Agendas for 2025 by a renowned cybersecurity expert and former Gartner lead analyst Jonathan Care.  What cybersecurity challenges may organizations face in 2025? The cybersecurity landsca...
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