2024

ZachXBT

April

Security

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The 2022 LastPass data breach has allowed threat actors to steal 12.38 million from users in a new attack. 
According to blockchain sleuth ZachXBT, the LastPass hackers stole millions in Ethereum (<a href="https://crypto.news/price/ethereum/" target="_blank">ETH</a>) from over 100 wallet addresses between Dec. 16 and Dec. 17. The criminals quickly swapped the ill-gotten wealth from ETH to Bitcoin (<a href="https://crypto.news/price/bitcoin/" target="_blank">BTC</a>), using multiple instant exchanges. A list of affected addresses may be found <a href="https://www.chainabuse.com/report/0ea24e3c-0b02-46f4-bb5d-5196700f0149?context=profile-self&amp;username=ZachXBT" target="_blank" rel="nofollow">here</a>. 
LastPass is a password management service for securing cryptocurrency wallets.&nbsp;The startup suffered two hacks in 2022 – once in August and again in October – resulting in unauthorized access to customer keys, API tokens, multi-factor authentication seeds, and other sensitive security information. 
In January 2023, users slapped LastPass with a class action lawsuit. The complaint alleged the provider failed to protect user data, and adopted lax security protocols. 
 You might also like: <a rel="" href="https://crypto.news/lastpass-hack-drains-4-4m-in-one-day/"> News LastPass hack drains $4.4m in one day </a> 
Turbulent times persisted for the company as bad actors leveraged stolen data to execute staggered crypto heists. A crypto holder <a rel="" href="https://crypto.news/crypto-holder-hacked-for-50000-blames-lastpass-for-loss/">blamed</a> LastPass for a $50,000 theft in April 2023, per crypto.news reporting.&nbsp;Later in October, 25 victims lost $4.4 million to wallet drainers. LastPass again came <a href="https://crypto.news/lastpass-hit-with-lawsuit-over-alleged-53k-in-bitcoin-theft/" target="_blank">under fire</a> for the breach. 
The latest incident raised questions about future LastPass-tied attacks, since criminals continued to leverage info stolen in 2022. It also reminded the larger crypto community of existing security threats.&nbsp; 
MetaMask developer Taylor Manohan <a rel="nofollow" href="https://x.com/tayvano_/status/1868791243205230651" target="_blank">urged</a> users to migrate funds to new wallets if they’ve used LastPass before. A white hat coalition called Security Alliance, or SEAL ORG, also notified users that crypto assets may be at risk if action isn’t taken. 
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 Read more: <a rel="" href="https://crypto.news/crypto-boosts-economics-in-underbanked-regions-opinion/"> Crypto can boost economic welfare in underbanked regions | Opinion </a>

LastPass hackers drained $12.4m ETH from 100+ wallets: ZachXBT

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