But using information gained in the initial access in order to access more assets is actually a typical technique used by threat actors. LastPass is trying to present the August 2022 incident and the data leak now as two separate events.

While no customer data was accessed during the August 2022 incident, some source code and technical information were stolen from our development environment and used to target another employee, obtaining credentials and keys which were used to access and decrypt some storage volumes within the cloud-based storage service. We’ll soon see how transparent they really are in their statement.

LastPass is actually required by US law to immediately disclose a data breach. In fact, this has little to do with any commitment. In keeping with our commitment to transparency, we want to provide you with an update regarding our ongoing investigation.

Let’s start with the very first paragraph: As I know that not everyone can see through all of it, I thought that I would pick out a bunch of sentences from this statement and give some context that LastPass didn’t want to mention. Their statement is also full of omissions, half-truths and outright lies. LastPass likely could have prevented this if they were more concerned about keeping their users secure than about saving their face. Security professionals weren’t amused, this holiday season became a very busy time for them. As people have speculated, this timing was likely not coincidental but rather intentional to keep the news coverage low.

Right before the holiday season, LastPass published an update on their breach.

Lastpass