In a recent development, investigators have linked a series of six-figure cyberheists to hackers who cracked master passwords stolen from LastPass in 2022. This revelation comes after KrebsOnSecurity reported on the breach, which affected dozens of victims.The methods used by hackers to exploit the stolen master passwords are sophisticated and demonstrate the need foobust security measures in password management services. The fact that similar tactics were employed in a recent $150 million cryptocurrency heist further highlights the severity of this issue.Law enforcement agencies and companies must work together to prevent and investigate such incidents, ensuring that victims receive the necessary support and protection. Effective cooperation is crucial in preventing future cybercrimes and protecting individuals and organizations from financial loss.
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In September 2023, KrebsOnSecurity published findings from security researchers who concluded that a series of six-figure cyberheists across dozens of victims resulted from thieves cracking master passwords stolen from the password manager service LastPass in 2022. In a court filing this week, U.S. federal agents investigating a spectacular $150 million cryptocurrency heist said they had reached the same conclusion.
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