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These credentials are the keys to every element of our online identity. It's an organization whose mission statement is closely tied to managing extremely sensitive user data - passwords.

LastPass is not just another software company. The attacker used this vulnerability to gain access to cloud backups – and to access a shocking amount of the most sensitive data imaginable. A DevOps engineer was specifically targeted by the attacker, who exploited a third-party software vulnerability on the employee's home computer, along with information stolen in the first breach. Unfortunately, this was not the case in the second incident, which occurred shortly thereafter (and only discovered at the end of February). However, LastPass announced at the time that customer data wasn’t compromised.

In the first incident, some proprietary data was stolen – including development and source code repositories, internal scripts, and documentation.

You can find the full details elsewhere (such as in this Ars Technica story or in the LastPass blog), but to recap: LastPass suffered from two data breach incidents in August 2022. Since December, the company has been embroiled in what’s shaping up to be a major data security scandal. The LastPass Business policies enable Admins to tighten access for customer service reps so that they can only log in to their LastPass accounts from within the network.Written by Ofir Shaty and Ofir Balassiano.įor many LastPass employees – from software engineers to C-level executives – the last few months have been hell. The Customer Support team typically uses tools to manage help desk tickets, bug reporting and tracking, product testing and troubleshooting. The Finance or Accounting team typically uses tools to manage budgeting, earnings, costs and strategic decision-making.

The Human Resources team typically uses tools to oversee recruiting, payroll, employee benefits, performance and attendance tracking, employee onboarding and offboarding. With LastPass Business Shared Folders, these credentials can be easily shared as “hidden” and “read-only,” so every touch is tracked and accounted for. Many of these services do not support SAML SSO and therefore cannot be federated. The Social Media team often manages dozens (sometimes hundreds) of social media accounts, as well as content production, distribution and data analysis tools. Often multiple individuals share a single license for these tools, which is perfectly suited for LastPass Business Shared Folders. In a recent study, Gartner found that Marketing spends more on technology than IT.

The Marketing team typically uses websites and tools for PR, campaigns and data analysis. The Sales team tools include customer-management services, databases and automation software to help manage client and vendor relationships.

From servers to admin credentials, IT requires a simple solution to secure and share credentials to ensure data remains protected. IT is likely managing large volumes of passwords required to keep their infrastructure and security secure. If anyone knows the potential risks of data loss, it’s IT. LastPass Business offers a password manager to fill this gap for the remaining tools in use in the workplace to eliminate password fatigue for your employees and improve password security for the company. The average employee manages 191 passwords to do his or her job, however not every application is covered by SSO.

Why and how to use LastPass Password Manager in your organization

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