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More than $35 million has been stolen from over 150 victims since December — ‘nearly every victim’ was a LastPass user (www.theverge.com)

submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

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More than $35 million has been stolen from over 150 victims since December — ‘nearly every victim’ was a LastPass user::Security experts believe some of the LastPass password vaults stolen during a security breach last year have now been cracked open following a string of cryptocurrency heists

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[–] chicken@lemmy.dbzer0.com 1 points 1 year ago* (last edited 1 year ago)

If we're talking crypto keys like in the article, that would be an improvement over storing them in the cloud, but it's still vulnerable to malware/keyloggers. Ideally you should use a dedicated hardware wallet and/or write it down physically and have some form of offline signing setup.