LastPass: Users Don't Have To Reset Master PWDs

CWmike writes "LastPass on Friday rescinded its day-old order that all users of its online password management system reset their master passwords due to a database breach. In a blog post this morning, the company said it won't allow users to change master passwords 'until our databases are completely caught up and we have resolved outstanding issues.' In an e-mail to Computerworld, LastPass CEO Joe Siegrist said the company changed its plan in response to demands from users asking they not be required to reset their passwords. However, comments posted on a LastPass blog suggest that the company's decision may also be related to trouble some users appear to be having with the password reset process. The blog post acknowledged that it had 'identified an issue' with roughly 5% of users that reset their master passwords. The company said it would be contacting those users about a fix for the problem LastPass said earlier that passwords for its Xmarks bookmark sync, which it acquired last December, were not affected."

Re:Maybe it's just me...

[nbetcher]

As someone who uses multiple systems, multiple web-browsers, and multiple operating systems (even virtual machines) I can say: yes, it is difficult to maintain my personal data. My LastPass account has over 50 sites in it. To be honest, most of them I don't even care if they were hacked. My banking website isn't even truly vital since you can't transfer funds electronically outbound, it requires an email confirmation to change physical address, and the account number is truncated on all of the screens (including exported data).

Does your GVIM data get stored somewhere that is accessible to you no matter where you are? And if it is, then it's most likely accessible to someone else if they were to hack you. Point being, nothing is completely secure AND easy. From the sounds of it though, LastPass has a system in place to secure the passwords, although I'm unsure how that can work with a "Lost Password" scenario that MorderVonAllem talks about in another comment.

Neither Secure Nor Reliable.

[Frosty Piss]

This and other recent "breaches" pretty much show that for the preset (anyway), storing critical information "in the cloud" is neither secure nor reliable.

Certainly, high traffic web serving can benefit from "The Cloud", especially for those that don't have the money to support the kind of hardware and infrastructure.

But highly valuable and/or proprietary corporate or personal information? Nope...