LastPass: How Secure Is It?
With more than 13.5 million users from all around the world, LastPass is an extremely popular tool for storing passwords online. Last week, Forbes.com covered a story on what LastPass did when the DEA, the Drug Enforcement Administration, demanded a list of users’ logins, IP addresses, and other private information. However, little did the administration know that it is actually not possible for LastPass to access that information on their end. This is because all users’ passwords are stored in an encrypted format-- meaning only users can access their own data.
Even when the police hacked into a suspecting criminal’s computer to log in to his LastPass, they were unable to access any information without the user’s master key password, which only the user has access to.
Despite the increase in government-related demands for sensitive information, tools like LastPass remain reliable and secure. Still, not all password managers have the same policies as LastPass, and your information could still be at risk of exposure. Here at i3, we recommend LastPass as your best streamlined solution to regulating employee password management. Not only is it secure, but it also comes with the benefit of integrating both business-related accounts with employees’ personal accounts, in and out of work.
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