Connect with us

Hi, what are you looking for?

FinancialSourceReport.comFinancialSourceReport.com

Tech News

Experts link LastPass security breach to a string of crypto heists

A cartoon illustration shows a shadowy figure carrying off a red directory folder, which has a surprised-looking face on its side.
One researcher claims the number of victims who stored their crypto keys on LastPass was “simply too much to ignore.” | Illustration: Beatrice Sala

Security experts are claiming that some of the LastPass password vaults stolen during a security breach near the end of 2022 have now been cracked open following a string of six-figure cryptocurrency heists. Cybersecurity blogger Brian Krebs reports that several researchers have identified a “highly reliable set of clues” that seemingly connect over 150 victims of crypto theft with the LastPass service. Collectively, over $35 million in crypto has reportedly been stolen so far, with between two to five high-value heists occurring each month since December 2022.

Taylor Monahan, lead product manager at crypto wallet company MetaMask and one of the key researchers investigating the attacks, concluded that the common thread connecting the…

Continue reading…

You May Also Like

Editor's Pick

Gene Healy Last week, the New York Times ran a front-page story admiring President Biden’s political acumen on culture-war issues (“Biden Sidesteps Any Notion...

Editor's Pick

Jeffrey A. Singer The Food and Drug Administration announced this morning that it has granted marketing approval for the over‐​the‐​counter sale of one type...

Editor's Pick

Jeffrey A. Singer On the same day that the Food and Drug Administration allowed women over‐​the‐​counter access to one progestin‐​only birth control pill, Rep....

Editor's Pick

David Boaz I’ve written before about whether athletes take state taxes into account when they weigh competing offers. Here’s another example: Grant Williams left...