LastPass parent company data breach compromises Customer's backups

As it was easy to expect, there is more to come after LastPass November's data breach. The parent company GoTo, formerly LogMeIn, has declared a data breach where customer's backups along with encryption keys were stolen by an unidentified actor.

When a Cloud Service Provider suffers a data breach, long term effects are to be expected. A continuous diligence and assessment of cloud services also allows businesses to assess and manage third party incidents and determine the impact on the business itself as a consequence.

This situation is ongoing and we will see what will come next.