Over a year and a half after two major breaches that included customer password vaults and encryption keys, GoTo no longer operates LastPass.
It’s been over a year and a half since LastPass suffered back-to-back high-profile hacks, and the company now says it has separated from its parent company, GoTo. GoTo announced that it would spin LastPass off as its own company back in December 2021, six years after buying the company. Now, the password vault company will operate under a shareholder holding company called LMI Parent.
One of those clues was apparently each of these customers had stored their “seed phrase” — a digital key required for cryptocurrency investment access — in LastPass. And in January, LastPass started enforcing a 12-character minimum for master passwords for new customers and existing ones when resetting.
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