LastPass Gets Hacked – Time for Passwordless Logins?
Password manager service LastPass announced last week that they experienced a data breach that exposed users' email addresses, encrypted passwords and cleartext password reminder hints. Following the good advice to never use the same password twice, and to choose passwords that are difficult to guess (and remember), many people use password management sites such as LastPass. But the problem with using a Web-based third party to store your passwords is that they can get hacked, too. LastPass certainly took many security precautions, and some of them worked. For example, LastPass never had....
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Bitspark becomes the latest Bitcoin company to integrate Clef's two-factor authentication to provide secure, "passwordless" logins for their users. Why Is This Important? Earlier this year, the Canadian Bitcoin exchange, Cavitrex, shut down temporarily due to security concerns. The exchange was hacked just weeks prior to the announcement, which caused users' passwords and two-factor authentication secrets to be compromised. Bitspark is a Hong Kong-based exchange and remittance company that has recently announced a new round of funding. They are the first company in the world to offer....
Users of the LastPass password manager application have now lost $4.4 million worth of crypto assets in a single day. This development comes a year after LastPass shared that hackers had gained access to its cloud storage keys and dual storage container decryption keys. Related Reading: HTX (Huobi) Hacker Returns $8 Million In Stolen Crypto […]
The developers of the altcoin EmerCoin (EMC) recently released the details of a new block chain technology, EMCSSL. The system provides passwordless logins and identity management via its block chain. The technology has been designed to solve many of the login and authentication issues that plague the Internet. EMCSSL provides a scalable infrastructure for passwordless authorization suitable for an unlimited number of web services. The infrastructure sits on the EMC cryptocurrency block chain, using the block chain as a decentralized store of hash sums for client Secure Socket Layer (SSL)....
LastPass, commonly known as the most popular password manager and vault around has hinted at Bitcoin acceptance as payment for its paid (and premium) accounts. Widely-used password manager and storage vault LastPass could soon begin accepting bitcoin as payment from users. The reveal came via a social media post recently from its support account, stating that Bitcoin support is on the company’s roadmap. A popular password vault among individuals and enterprise, LastPass uses AES-256 bit encryption alongside PBKDF2 SHA-256 and salted hashes for password protection and security. The....
LastPass, the secure password manager, and vault service has announced Bitcoin support! The announcement was recently made on the company’s twitter channel. However, the exact timeline for Bitcoin support is not yet known. We have so many online services out there meant to make our lives easy. They do, up to a certain extent except for the login process which requires passwords. With concerns about the security, creating strong passwords as per the platforms specification itself is a hard task, let alone trying to remember them all. The sheer number of login credentials one has to maintain....