More than $35 million has been stolen from over 150 victims since December — ‘nearly every victim’ was a LastPass user::Security experts believe some of the LastPass password vaults stolen during a security breach last year have now been cracked open following a string of cryptocurrency heists
I don’t understand saving your passwords to the cloud in the first place
It is like storing all the passwords in one convenient place that can be accessed from any location on the planet, making it the most convenient and juicy target for hackers.
Even encrypted, it just doesn’t make sense.
At one of my clients, a large institution, they go further: you’re not allowed to use the local browser’s password manager. And still have to abide by the usual password rules: rotate every 3 months, complex passwords, etc.
As a result, users store a plain text file on their desktop (some go as far as printing it), that conveniently allows them to retrieve their passwords.
Too much security kills security.
Forcing a password change after a period of time has shown to make people gravitate towards the simplest passwords that are still within the policy or other, even less secure, solutions. That’s why security standards nowadays advise to not implement forced password changes.
My last job got around the “make people gravitate towards the simplest passwords” issue by giving you a list of 10 randomly generated strings you could pick. ( you could refresh the list a few times though)
So what happened anyways, like the person you are replying to said, is we had passwords written everywhere. One guy kept a sticky not on the back of his badge (which got turned around alot so he would walk around with his password showing), another kept it on a sticky under his keyboard, and just in general we would find passwords written everywhere.
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