LastPass, after high-profile hacks, separates from GoTo, operates under LMI Parent. Latest issues include stolen source code, customer information, and potential involvement in $35M crypto theft.
LastPass promotes 12-character minimum master passwords for enhanced security, previously allowing shorter passwords. Efforts to reform include a dedicated threat intelligence team and new executive hires.
Despite reforms, LastPass remains under CEO Karim Toubba, who managed disclosures of breaches. Rebuilding trust post-security incidents remains a significant challenge.
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