Solarwinds, Cisco, Microsoft, have all had breaches in their products or their corporate network recently.LastPass has a bug bounty program to encourage white-hat hackers to report security issues responsibly in their products.CyberHoot stands by the security industry’s recommendation to adopt a password manager for the enhanced security it provides employees.Security experts have reviewed and verified LastPass does not have access to your encrypted data, master passwords, nor could they gain such access.LastPass has been independently verified to be following best practices for encrypting your data and salting and hashing your master password.Having experienced a breach is definitely a bad thing to happen at LastPass but their transparency about it is a good thing.Studies and history have shown that companies that do not adopt a password manager have more breaches than companies that do (due to password reuse).No software ever written is perfect, including LastPass, Excel, or any other password manager.The LastPass product wasn’t breached, rather their corporate network was.
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