LastPass Gets Hacked

LastPass, where so many store their sensitive passwords, has a security incident.

https://blog.lastpass.com/2022/12/notice-of-recent-security-incident/

An “unauthorized party” got access to the third-party storage where LastPass stores backups. When you’re dealing with cloud services, there is tremendous “counterparty” risk, as they would say in the fiat financial markets. If you’re using a cloud service, that service can swear all day that they are secure…but security is a combination of all the links, including the weak ones.