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Security practices are important to every vendor, but especially high for Cybersecurity products. When a password or credential vendor has multiple breaches, not only do customers abandon them but regulators take notice.
LastPass is being fined over $2m by the UK government for 2 data breaches in 2022 that compromised information of 1.6 million UK users, exposing their email addresses, IP addresses, and in some cases names, telephone numbers, and physical addresses.