This popular password manager just reported a major security breach

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This popular password manager just reported a major security breach
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Popular digital password manager LastPass says hackers recently stole parts of the company’s source code and other sensitive data. 7NEWS

The company’s chief executive said in a blog post its users’ passwords were unaffected.has shown no evidence of any unauthorised access to customer data in our production environment,” CEO Karim Toubba said in the post, which was published on Thursday.LastPass, which counts more than 25 million users, works by aggregating the hundreds of passwords consumers and corporate users need to log into their social media accounts, business networks, online retailers and more.

Security professionals routinely recommend using a unique, complex password for each and every website a person visits, so password managers like LastPass play an increasingly important role in keeping people’s data safe online.Credit:Compromising such a company’s master password - the password that protects the rest of a user’s credentials - has always been a nightmare scenario.“This incident did not compromise your Master Password,” his post said.

The company said the hack occurred two weeks prior and that a cybersecurity firm had been hired to investigate.

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