With a bevy of business password managers on the market, picking the right one may seem like a tough task. With an increase of cybersecurity threats shepherded by the pandemic, you’ll need a password management solution that is built with security and encryption best practices andcan handle an ever-evolving threat landscape.
The goal of a password manager is to reduce the risk of a data breach and safeguard your business. You want to ensure that any solution you adopt is itself properly secured, and that it gives you the right tools to actually enforce better policies in your organization.
Lastpass Safe To Use
How is LastPass safe from being hacked? LastPass operates on a zero-knowledge security model. Sensitive data stored in LastPass is encrypted at the device level with AES-256 encryption before syncing with TLS to protect from on-path attackers. In many cases, it can be safer than human memory, but if LastPass itself fails, then you are totally screwed. LastPass allows you to put strong, unique passwords into every system you use which is a very good thing, but it also introduces one really major vulnerability. Since Lastpass is considered to be one of the safest and most popular password managers, it is undoubtedly something everyone would consider. But if you’re someone who isn’t well aware of how well-known this service is or hasn’t had any experience with it before, then you might have a hard time trusting the security of this password manager. LastPass uses industry-standard TLS encryption to transfer your data between your device and their servers, protecting you from man-in-the-middle attacks. And it uses AES encryption with a 256-bit key for your data stored on their servers, the same encryption standard used by banks, the military and NordVPN.
With proactive security and reliability as cornerstones of our mission,we’ve designed LastPass to protect what you store at every step, so you can trust it with your sensitive data.
For more than 70,000 businesses, LastPass reduces friction for employees while increasing control and visibility with a password management solution that is easy to manage and effortless to use.
“Password security is a question that always comes up, so with LastPass, that’s a big tick in that box and we move on. Essentially, it is our product of choice for password management, and I can’t see another solution out there that comes close,” relates Jason Muir, IT Operations Manager at MOQdigital.
Let’s explore how LastPass is built to keep your business safe.
How do we keep our customers’ data secure?
Securing an account begins the moment it’s created. LastPass operates on a zero-knowledge security model that ensures customer data remains protected.
When a LastPass user creates their master password, it’s used to generate a unique encryption key. The master password and the encryption key stay local on the user’s device–they are never sent to or shared with LastPass. Without the encryption key, your encrypted vault data is meaningless.
We also employ the following best practices, to ensure that customer data remains secure:
- End-point encryption: Encryption happens exclusively at the device level before syncing to LastPass for safe storage, so only users can decrypt their data.
- 256-bit AES encryption: This algorithm is widely accepted as impenetrable – it’s the same encryption type utilized by banks and the military.
- TLS for secure data transfer: Even though sensitive data is already encrypted with AES-256, the TLS protocol secures the connection to LastPass to further protect a user’s data.
- 100,100 rounds of PBKDF2-SHA256 hashing for brute-force attacks: We strengthen the master password and encryption key against large-scale, brute-force attacks by slowing down guesses.
- Private master password: We do not send or store the master passwordat all to ensure that access to sensitive vault data remains secure.
- Zero-knowledge model: LastPass Federated Login Services is designed to ensure that the user’s identity provider credentials are not exposed to LastPass and all data stored encrypted on LastPass’ servers.
How do we keep our infrastructure protected?
LastPassalso utilizes best practices to protect our infrastructure, including regularly upgrading our systems, as well as utilizing redundant data centers to reduce the risk of downtime or a single-point-of-failure.
We employthe following to ensure that our customers can trust our security infrastructure:
- Regular audits and pen tests: We engage with trusted, world-class, third-party security firms to conduct routine audits and testing of the LastPass service and infrastructure.
- Bug bounty program: Our bug bounty program incentivizes responsible disclosure and improvements to our service from top security researchers.
- Transparent incident response: Our team reacts swiftly to reports of bugs or vulnerabilities and communicates transparently with our community.
The importance of multi-factor authentication
LastPass also offers users multi-factor authentication (MFA) on top of account loginsand the LastPass vault to provide an extra layer of protection against cyber-criminal attacks. With MFA, users can add extra security by requiring a second or third login step before authorizing a user.
Multi-factor authentication requires two or more authentication factors, including something the user knows (master password), in addition to something they have (a code, a key) and/or something they are (a fingerprint). By requiring not only the master password, but also an additional login factor, a user adds another layer of protection against unauthorized access.
The “gold standard” for security and privacy
LastPass has acquired the Service Organization Control 2 (SOC 2) Type 2 compliance, which is a detailed review of our controls and processes. As the “gold standard” for software companies that is widely recognized nationwide across industries, completing and maintaining SOC 2 compliance is just one more way we demonstrate our commitment to security and privacy.
With LastPass, businesses can take control of password management, benefitting froma proven security model, secure product architecture and powerful security features. Learn more about how LastPass can help safeguard your data.
For more information, be sure to check outthese additional resources:
- LastPass Security Summary
- LastPass Technical Whitepaper
LastPass is a password manager that helps individuals and families manage their online passwords. It works via a browser plugin and apps for Androids and iPhones and is routinely rated as one of the top password managers available today. But does LastPass stand up to our scrutiny?
In this LastPass review, we dive deep into all things passwords, online security, encryption, and more to help you determine if you need a password manager, whether or not LastPass is all it claims to be, and if it’s something that will make your life better. Let’s get started!
Password managers like LastPass serve lots of different needs. The most basic need is helping us remember our passwords. The average person has to remember tons of password and login combination for everything from email to music players to bank accounts to shopping accounts, and that’s just the tip of the iceberg.
What makes things especially complicated is that to be safe online, each password should be unique, and a random combination of upper and lower case letters, numbers, and symbols. Most of us are doing good to remember a few ultra-simple passwords; remembering forty or more random symbols and letters and numbers per account are simply asking way too much!
Of course, you can save your passwords manually or on your computer, but what if your computer gets hacked or stolen or somebody inadvertently discovers your written-down password? A realized password can allow somebody to clear out your bank account, charge your credit cards, and a whole lot more.
In short, passwords are vital to your security and online safety, but keeping track of them is extremely difficult. That’s where password managers like LastPass come in. Each manager has a different set of features (we’ll walk you through what kind of features to look for in the next section), but they’re all specifically designed to not only help you remember and organize your passwords but help you develop passwords that protect your online identity.
Before we dive into LastPass features, let’s take a quick walk-through of the different kinds of jobs password managers perform.
Password managers are other open source or proprietary. Open source software is made public. They can be contributed to online and are generally preferred by individuals who are highly tech-savvy because they can spot weakness and potential problems themselves.
However, if you’re not savvy enough to be able to spot these, open source does little to help you. Proprietary software, on the other hand, is completely private and developed by the owning company internally. This can be a good thing or a bad thing--but you won’t know until after there’s a data breach or a hack.
For proprietary software, the best thing is to evaluate the company’s progress over some time. A large number of hacks that have taken the company a great deal of time to address are significant red flags.
One of the things you need to consider is how and when is your password data encrypted and where is it stored? We’ll talk more about LastPass handles these security issues in the next section, but you need to carefully consider whether or not your potential password manager is in step with the most up to date security protocols.
You also need to consider the cost of your password manager and whether it syncs to your existing manager and how easy it is (or isn’t) to use. Does it have apps? Is it easy to use on all your devices? Is it a one-time fee or a monthly fee or is it free?
Now that you have an idea of what matters to you in your search for a password manager let’s take a closer look at LastPass.
LastPass is a freemium password manager, which means it offers some basic services for free and charges for upgrades. Currently, LastPass has two pricing models available: an individual model that costs about $3 per month and a family model that costs about $4 a month. Both of these plans are extremely inexpensive, but are they worth it?
When you join LastPass (make sure you take advantage of the free month trial, if it’s still available), the first thing you’ll do is create an online account and download your web browser extension.
Lastpass Secure Username
LastPass works on all major browsers, including Chrome, Safari, Explorer, and Firefox, and it has an Android app and an iOS app that sync. Once you’ve downloaded your web extension on all your browsers, you’ll create a master password. This is the single and only password you’ll need to remember once you’ve started using LastPass.
Next, you’ll import your passwords. You can do this manually, or you can sync your current password manager using one of LastPass’s many different import options. You can also visit your favorite websites and sign on one at a time. When you do this, LastPass will give you the option to save your password using the manager.
You can then update your password, creating a much more complicated and safe password for each login. LastPass gives you the option to make your password easy to read or say or to make it as complicated as possible.
This enables you to, say, share a Netflix password with somebody else or sign in to your account on a device that doesn’t belong to you (a highly complicated password would be too difficult to remember for most of us!).
In addition to saving and upgrading your account passwords, you can also save your bank, password, and credit card information for easy, secure online shopping and bill pay. Also, you can create emergency contacts who can access your accounts in the event of an emergency. Finally, LastPass gives you the option to print your master password and safe in a safe or security deposit box.
One of the first things people want to know in any LastPass review is: how safe is LastPass? You’ll be glad to hear that LastPass has had less than a handful of data breaches--not extremely serious--in the last decade or so it’s been around.
Plus, it utilizes the extremely secure “AES-256 bit encryption with PBKDF2 SHA-256 and salted hashes to ensure complete security in the cloud.”
LastPass encrypts your information before it leaves your computer; everything is stored on the cloud so that it’s not available to LastPass employees. You can also set up two-factor authentication for added security.
There are a lot of great reasons to use LastPass, not the least because of how dynamic and vibrant its features are. In addition to all the information we’ve already mentioned being able to store in LastPass (including passwords and credit card info), you can also save security notes (including PDFs) as well as membership card info.
Ultimately, LastPass means having a digital wallet and a password manager all rolled into one--one that helps you manage your life, no less.
LastPass also allows you to save your passwords across almost every single device you could hope to have, including your iPhone, your Windows laptop, and your Android tablet. Plus, if you have a family, you can do the same with their devices, as well, without having to find weird go-arounds to accommodate different operating systems.
Finally, LastPass is generally easy to use. It’s deep and complex, with a variety of features such as allowing you to share a folder of passwords with a specific family member, for example. Our digital lives today are complex, and the ability to manage them all with one simple piece of software is a godsend for many.
As with many features, sometimes a pro can become a con. Such is the case with LastPass. While many will love the password manager’s all-encompassing features, some people won’t. Some people will be frustrated by all the extras.
Still, others will be displeased by LastPass’s proprietary software and would prefer open source software.
Another very popular choice for a password manager is 1Password. 1Password costs a dollar more per month for a family account (same price for an individual account) and performs very similar jobs to LastPass--you have a single master password that gets you into all your accounts.
While in the past it failed to support Windows and Chrome OS devices, it does so now, making 1Password a strong rival when it comes to who should have your business.
1Password, like LastPass, uses device encryption so that your info is encrypted before it leaves your computer, phone, or tablet and it utilizes that same AES-256 and a 128-bit identifier that LastPass does. In short, it comes down to which interface you prefer using, and whether or not you want to save the extra dollar a month on the family plan.
In short, in this LastPass review, we feel that 1Password is the strongest competitor to LastPass. While there are other password managers, these two are far and away the most secure.
The other important thing to realize is that thanks to the fact that we’re living in an age where there’s increased risk from hackers and other online threats, more and more companies are upping their security games. This means that while LastPass and 1Password are currently the companies to beat, they might not always be.
However, once you’ve gotten your life organized on one password manager, it’s usually fairly simple to switch to another thanks to the excellent import and export options that are available today. And of course thanks to LastPass’s free month trial option, you have an entire thirty-day period to decide for yourself if it’s right for you (or not).
Most online reviews have nothing but positive things to say about LastPass--in fact, many people specifically point out how much they appreciate the emergency contact information, which enables a person access to important accounts in case of accidents.
Anybody who has been through the death or serious accident of a family member or close friend understands how difficult this process can be, and having a helping hand through the process is incredibly helpful.
LastPass’s free version is adequate for many people, but of course, the free trial is for the premium version, and it’s always difficult to downgrade when you’ve been enjoying all the bells and whistles!
There’s a good chance, however, that you don’t need those extras, so don’t be afraid to downgrade until you’re sure you need the premium version.
Who does need the premium version? Families will benefit from it (the family option isn’t available for free) as will people who want an online organizer for most of their most important documents. These people will need to pay for LastPass to get its full benefits--fortunately, it’s just a few bucks a month.
The bottom line in this LastPass review is that this particular password manager program is an excellent security device for most people. It is intuitive and easy to use, works across all your devices, and utilizes state of the art security measures to keep your data and information secure and out of reach of people who would use it for nefarious purposes.
We especially appreciate the included password generators, which allow you to create extremely secure passwords without taxing your brain (or using your cat’s name). Ultimately, we recommend password managers in general--and LastPass in particular--for those who are serious about protecting themselves online.
Featured Image via Pixabay