Estimates in September revealed that at least $35 million in crypto has been stolen from victims of the LastPass breach since 2022, with the latest hack adding to the toll. ---

Crypto thief steals $4.4M in a day as toll rises from LastPass breach ***

Crypto thief steals $4.4M in a day as toll rises from LastPass breach
Wollito Admin
Monday 30th of October 2023 03:30:00 PM 3 min read

At least 25 people have reportedly seen $4.4 million in crypto drained from across 80 wallets due to a 2022 data breach that impacted password storage software LastPass.

In an Oct. 27 X (Twitter) post, pseudonymous on-chain researcher ZachXBT said he and MetaMask developer Taylor Monahan tracked the fund movements of at least 80 wallets compromised on Oct. 25.

“Most, if not all, of the victims are longtime LastPass users and/or confirm having stored their [crypto wallet] keys/seeds in LastPass,” Monahan said in an accompanying Chainabuse report.

In December 2022, LastPass disclosed that an attacker leveraged information previously stolen in a breach in August to target a LastPass employee, snagging their credentials and decrypting stored customer information.

Also stolen was a backup of encrypted customer vault data, which LastPass warned could be decrypted if the attacker brute force guesses the account’s master password.

In a September blog post, cybersecurity journalist Brian Krebs reported that some of the LastPass customer vaults had seemingly been cracked and over $35 million worth of crypto had been stolen from around 150 victims.

In January, LastPass was hit with a class-action suit from individuals claiming the August 2022 breach resulted in the theft of around $53,000 worth of Bitcoin  BTC tickers down $34,507

In his latest X post, ZachXBT advised anyone who ever stored a wallet seed or private key in LastPass to “migrate your crypto assets immediately.”

Source 

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