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How LastPass and the Password Industry Have Evolved

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Password vaults are no longer enough. The new rules for good cybersecurity hygiene include understanding concepts like visibility, authentication and authorization. It takes more than a strong password to defend your digital life against increasingly sophisticated hackers.

Over the last few years, LastPass has implemented the infrastructure both individuals and enterprises need to thrive in the shifting cybersecurity landscape. The company became fully independent in 2024, and has used the transition as an opportunity to reinvest in technology, people and processes to rebuild its security foundation and better support its customers. Today, LastPass is more secure than ever.

Here's what to know about where the password protection industry is headed and why LastPass is ready to support you along the way.

Why credentials matter

In many industries, the advent of artificial intelligence has made work faster, easier and more efficient. Unfortunately, this also holds true for scammers trying to steal your information for their own financial gain.

As brute force and phishing efforts become increasingly automated, savvy consumers must transcend passwords altogether and adopt a passwordless approach, in which tools like passkeys and biometrics provide the necessary credentials for authentication.

Much of this innovation is driven by passkeys, which use your smartphone or other device to authenticate a login, rather than a password. This is different from two-factor authentication (2FA), which often still relies on codes sent via email or SMS. With passkeys, there aren't any codes at all; this makes passkeys strong and secure against some of hackers' most common tools for theft, including phishing and social engineering.

It's in a consumer's best interest to both learn about passkeys and use software tools that offer passkey technology, preferably software that uses the passkey methodology throughout its own company systems.

That's where LastPass comes in. In addition to recently launching support for passkeys, the company has rebuilt itself from the ground up to prioritize security and smarter secure access that reimagines what credential management can be.

What's new at LastPass

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