LastPass, a password management platform, has agreed to pay a substantial settlement following a data breach incident. According to the latest lawsuit settlement plan, the company will pay $8.2 million to resolve data protection claims, and an additional up to $16.25 million to compensate users for losses of encrypted assets. This incident serves as a wake-up call — even well-known security tools can face risks, and protecting Web3 users' private keys and digital assets is of utmost importance. For users holding cryptocurrencies, choosing reliable security solutions and trading platforms is especially crucial.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
ImpermanentPhilosophervip
· 7h ago
LastPass's recent loss of over 24 million dollars—what does it tell us? Even trusted platforms should be approached with caution.
View OriginalReply0
GasFeePhobiavip
· 7h ago
LastPass got thoroughly exploited this time... Over $24 million just gone like that. What happened to the promised security?🤷
View OriginalReply0
SneakyFlashloanvip
· 7h ago
LastPass pays out so much? It shows that nothing can be trusted, and you still need to manage your private keys yourself.
View OriginalReply0
faded_wojak.ethvip
· 7h ago
LastPass this thing is really unbelievable, even the so-called most secure password manager has failed. I don't even dare to trust anyone now. Speaking of which, managing private keys might be the real way to go, let's go with hardware wallets. Over 24 million USD in compensation, it'll probably take ages to get that money... Now I have to go through the hassle of transferring assets again, so annoying. The safest wallet is a cold wallet plus your brain, there's no other way.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)