Password management firm LastPass says it was hacked, tells users not to panic

LastPass, the world’s most popular password manager has admitted that it was hacked.  In an email to customers, the company said its platform was compromised and proprietary information stolen.

The company said that users’ data was not put at risk as the intruder didn’t get access to encrypted master passwords, vaults or other data.

“After initiating an immediate investigation, we have seen no evidence that this incident involved any access to customer data or encrypted password vaults,” the company said in a blog post.

The security breach occurred about two weeks ago. LastPass says that the hacker accessed portions of the site’s internal code and documents carrying technical information.

“LastPass can never know or gain access to our customers’ master password,” said Karim Toubba, LastPass CEO,  “this incident did not compromise your master password.”

Cases of data breaches have been on the rise across the world, with identity thieves employing more sophisticated tactics. LastPass which boasts about 33 million users and 100,000 business customers experienced a similar incident in 2015, but the scale was much larger and the company asked users to change their passwords. Their quick response and better systems have received acclaim from players in the tech industry.

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