The LastPass hack claimed 25 victims on Oct. 25th, draining $4.4 million from several crypto wallets.
The LastPass hack from earlier this year continues to incur significant losses for its users. On Oct. 25, around $4.4 million was drained from over 25 victims due to a vulnerability exploit in the LastPass password management system.
The LastPass hack involved unauthorized access to user accounts, leading to significant financial losses for crypto owners who stored their wallet keys in the application. The cybercriminals behind the attack appear to have specifically targeted seed phrases and wallet keys, as crypto exfiltration seems to be their primary goal.
There’s also a concerning similarity between the victim profiles affected so far this year. They are users deeply integrated into the crypto ecosystem, such as employees of crypto firms, VCs, DeFi protocol developers and smart contract developers, among others.
What is the LastPass Hack?
LastPass is a widely used password manager designed to keep users’ login credentials secure. A ‘LastPass Hack’ refers to a security breach in this system where unauthorized individuals gain access to sensitive information stored within a user’s LastPass account.
Earlier this year, several users
Go to Source to See Full Article
Author: Mohammad Shahidullah
Tip BTC Newswire with Cryptocurrency
Donate Bitcoin to BTC Newswire
Donate Bitcoin Cash to BTC Newswire
Donate Ethereum to BTC Newswire
Donate Litecoin to BTC Newswire
Donate Monero to BTC Newswire
Donate ZCash to BTC Newswire
