The LastPass Data Breach Settlement Could Net You a Big Payout
LastPass users affected by the 2022 data breaches may be eligible for cash payouts as part of an $8.2 million settlement. Those with premium, family, or business accounts can claim a $25 payout, while California residents may receive an additional $100. Users can submit claims until July 2, 2026, to receive compensation for documented losses related to the breach.
- ▪LastPass experienced two major cybersecurity incidents in 2022 that compromised user vaults.
- ▪Eligible users can claim a $25 payout, with additional benefits for documented losses.
- ▪California residents can claim an extra $100 regardless of account type.
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If you were a LastPass user affected by major security breaches in 2022, you might be eligible for a cash payout—possibly a really big one. The company is paying out benefits to those affected by breaches that compromised user vaults, and some people could be getting five-figure payments..What happened with the LastPass data breach?In 2022, LastPass experienced two major cybersecurity incidents, in which threat actors gained access to users' password vaults containing both encrypted and unencrypted data—including usernames, passwords, secure notes, form-filled data, and website URLs. Security researchers later discovered that hackers were able to crack some users' master passwords and steal millions in cryptocurrency.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at Lifehacker.