Even worse, the company’s announcement came five months after the initial breach - leaving customers in the dark about the potential risks. In August 2022, LastPass was hit by a massive data breach that exposed entire password vaults. Security uncertainties after recent data breaches.Here’s why you should consider a LastPass alternative in 2023: However, recent data breaches and security incidents have seen users switching to competitors en masse. With an affordable price point and a stack of useful features, LastPass has been one of the top options since it launched. LastPass is a password manager that can help you generate and store passwords, and then quickly access them using one master password (or the LastPass Authenticator app). This means that they’re always on hand for you but protected from hackers. Password managers safely store your passwords behind military-grade encryption. Increasingly, scammers are after your account passwords - even more than your Social Security number (SSN). Why You Should Consider a LastPass Alternative in 2023 In this guide, we’ll explain why you should consider a LastPass alternative, and then cover five of the best password managers in 2023. If you’re a current LastPass user, or just looking to set up a new password manager, you should know what options are available to you. And with more than 163 million personal records leaked in 2022, this means that your LastPass master password could be available to hackers. While LastPass claims that users are safe (due to the fact that the company doesn’t have access to their master passwords), security experts say this is misleading.Īccording to LastPass’ own research, 62% of people always or mostly use the same password for different accounts. In late 2022, LastPass informed their customers that they had been hit by two massive security breaches and that users’ entire password vaults had been compromised.

But not all password managers are the same - as LastPass users unfortunately found out at the end of 2022. Password managers are an overwhelmingly important part of your cybersecurity toolkit.

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