Password manager Lastpass has announced that they are letting their Free users sync their passwords across all devices – desktop, laptop, tablet, or smartphone. Mac or PC. Android or iOS. There will still be ads for Free users and other features available only for paid Premium users ($1 a month). Still, anyone can now store all their passwords on the cloud for free. I must use my password manager over 100 times a week as it allows me to have a unique, complex password for every single website. Perhaps this move is partially due to iCloud keychain being free for Apple users?
In case you were wondering, it was Lastpass that was hacked last year, although it doesn’t appear any master passwords were directly exposed. This serves as a reminder that cloud sync is convenient, but with its own set of security concerns. Lastpass also offers multi-factor authentication for additional security, which again you’ll have to weigh against convenience issues.
© MyMoneyBlog.com, 2016.