An online password manager can make your life much easier by automatically entering individual passwords for each website and service you visit. It is a very convenient tool – unless it is hacked. In that instance, by discrediting a single password, cyber criminals can receive access to invaluable information, including banking credentials.
LastPass, a popular password manager, has recently disclosed a network breach. Attackers compromised user email addresses, password reminders, per-user salts and authentication hashes.