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With Lastpass you have the convenience of online portability, if you do not also backup your passwords to a local file then yup you can end up locked out. Like anything else there is always a tradeoff with Security vs. I think storing any critical data on just one medium is the accident waiting to happen.

Personally, I have an algorithm I've developed that allows me to determine a unique username and password for every online account I have, that I can figure out when arriving at the site.Ĭhristopher Carboni - Handler On "Password managers that store to the cloud are an accident waiting to happen as demonstrated by Lastpass."

Leave a diary comment and let us know what you think about password managers and how you (hopefully) manage unique usernames and passwords for every site you visit. John sent us a link to a Brian Krebs article on the topic Recommendation for other LastPass users - wait until support comes back with an update." There is no followup from support yet, so who knows, but I strongly suspect my data is irrevocobaly lost, as that was a one time data reencrytion process (with no option to perform a backup!) A second has already reported the same coruption. Users are reporting the inability to get access to their data, and when I finally completed the REQUIRED migration process, my data appears corrupted and unusable. "It seems that LastPass is claiming a possible breach and has taken extraordinary measures that may be causing a bigger issue.