Password Manager Software: Lastpass – Is It Worth The Hype?

Published by OrganicJoe on

Password Manager Lastpass

If you have a lot of accounts, each with its login credentials, then you might have probably forgotten your password at least once. You may also be storing important account information, such as bank cards or Passwords, through your browser. It puts you at risk of having your information stolen.

If this is the case, and you’re seeking an affordable solution, then you’ve come to the right place. This article will go through a fully upgraded and user-friendly software that will help you address this problem right away. Worth mention is that I have personally used Lastpass for over 10 years. That is a lifetime span of pretty many cockroaches (or hackers trying to break into your accounts).

LastPass, founded in 2008, is a cybersecurity tool and one of the most feature-rich password managers available. It provides multi-factor authentication, works with various systems and browsers, and is simple to use. It favourably compares to rival password management systems regarding full features and affordability.

This article will also go through the cost and key features of LastPass that set it apart from the competition. So, if you want to secure your sensitive information without having to remember anything or to be exact just one (master) password for all password needs I will suggest you keep reading.

Image: Juha Tuomi / Pixbuster.com

LASTPASS

LastPass is a high-quality password manager with robust security standards and best-in-class services. According to LastPass, it has around 30 million users and 85,000 commercial clients. It outperforms all categories and would be an excellent pick for organizations of all sizes.

Starting up with LastPass is as simple as it could be. It includes signing up for a LastPass plan, downloading the LastPass web browser extension or mobile app, and then generating a secure master password to access your vault of details. It has an easy-to-use dashboard, making it one of the most user-friendly pass managers available.

The basic version of Lastpass is free to use. It enables you to save an unlimited number of passwords that may be auto-filled when you visit the relevant website. It includes a password generator, one-to-one password sharing, and multi-factor authentication (MFA). However, you will only be able to access your vault on one type of device.

Is It Safe?

You may be wondering if LastPass is secure or not. And the answer is, indeed, yes, it is. LastPass is a pass manager that is not open source. It only gets data that has previously been encrypted on your device. It means that only encrypted data chunks are delivered to their servers.

The secure vault is safeguarded with military-grade encryption. The master password can only access the vault. It implies that anything you store in LastPass is protected from unauthorized access.

It also includes:

  • PBKDF2, which changes your unique password into encrypted text. It is an abbreviation for Password-Based Key Derivation Function 2 with a 256-bit Secure Hash Algorithm.
  • The zero-knowledge safety method signifies that LastPass never has authorization to your master password or encryption key. These are solely saved locally on your device and are never sent to LastPass’ cloud servers.

 

How Does Password Manager Work

Getting started with Lastpass is straightforward. It is highly advised to download and utilize the LastPass web browser plugin. You can use it for all of your password management purposes without ever having to scroll away from the website you’re viewing.

The steps to use Lastpass include:-

  1. Register a LastPass account to get an email account and a Master Password.
  2. After you’ve registered an account, you may download the web browser extension of your choice. You have the option of installing the website extension directly or downloading the Lastpass universal installer for Windows, Mac, or Linux.
  3. The next step is to transfer your passwords from another keychain or storage or manually input them. After you input your credentials for the first time, the LastPass browser extensions can collect your login information for an account.
  4. After you’ve saved your passwords in the vault, install the LastPass app or browser extension on all your devices (multiple devices only in paid version). When you update passwords or documents on one device, the changes are automatically replicated on other devices.

After you have done with all the steps you can take a deep breath and then start using the pass manager.

What you can store in LastPass

It is very versatile and allows you to keep data safe for example these:

  • Usernames and Passwords
  • Secure Notes
  • Payment Cards
  • Bank Accounts
  • Driver’s License
  • Passports
  • Social Security Numbers
  • Insurance Policies
  • Health Insurances
  • Memberships
  • Wi-Fi Passwords
  • Email Accounts
  • Instant Messengers
  • Databases
  • Servers
  • SSH Keys
  • Software Licenses

I can’t describe the feeling you get even after years of using manager but especially the first times when you still got that feeling when for example friend asks a Wifi router password and first thought is “Damn, I can’t remember that so I have to go physically to that router to check it from the sticker and it is in such a difficult place.” and immeadidly it strikes that “Hey, I have pass manager and Wifi password is stored there. Let me check, just 10 secs. Booom! Solved! High five!”. Read on.

Password Manager Tools

LastPass includes features that meet all of the requirements of a pass manager. It allows you to keep usernames, passwords, and other sensitive data secure. The features include:

2FA and MF Authentication

LastPass offers 2-factor authentication (2FA) and multi-factor authentication (MFA) to make the data even more secure.

2-factor authentication (2FA) is intended to protect your most sensitive data by requiring you to complete additional steps before accessing the LastPass vault, which stores your usernames and passwords. There are several choices for your second factor, including their own LastPass Authenticator.

Multi-Factor Authentication (MFA) enables you to combine additional authentication factors and protects your login information to online services other than LastPass. You may select which services to use MFA with, which devices to trust, and so on.

There are several authenticator apps available but one good one is Authy. You can read article about comparison between Google Authenticator and Authy here. Click this link.

Secure Password Sharing

LastPass password sharing is fast and easy, and it keeps everyone up to date on the newest updates.  It allows you to exchange passwords with one additional user (free plan) and numerous users (premium plan).

It also lets you create group passwords for a team or project so that people only have access to the information they need to complete the task. You may share a folder with several individuals while configuring their permissions, such as whether they can see all or portion of the contents.

Admins can also see which accounts are shared and who has authorization to them, allowing them to revoke passwords as required.

Password Generator

What’s fantastic about the LastPass password generator is that you can choose how strong your password is.

It is one of the most valuable features of Lastpass. It will help create secure passwords for your most frequently visited websites and apps.  

If you use a password generator, you’ll obtain unique passwords with a mix of numbers, symbols, uppercase and lowercase characters. As a result, you don’t have to worry about being insufficient to safeguard your online privacy.

A good password will meet the following requirements

  • An English uppercase character (A-Z)
  • An English lowercase character (a-z)
  • A number (0-9) and/or symbol (such as !, #, or %)
  • Ten or more characters total.

NOTICE: Best practice is that you should never use same password twice and always use 2FA (Wikilink: Multi Factor Authentication) when extra security is needed.

Just select pass generator tool from the LastPass menu and it is already generated a random password for you. Click copy password and paste it into password field. After you click for registration LastPass automatically asks do you want to save your login credentials safely to LastPass Vault. Simple as that!

Dark Web Monitoring

This is a quite new feature on LastPass. It monitors your email addresses continuously within a database of breached credentials and immediately alerts you via email if they have been compromised. How cool is that? If you get breach alert, you are ahead of the game so you can immeadidly go to that service and change your password and enable 2FA if available.

Other Features

LastPass also has several other unique features that set it apart from the competition and make it one of companies’ favorite password management options.

It allows you to connect from anywhere on the globe. It is a safe password generator that can be used on any computer, smartphone, or tablet. Anything you generate and save on one device is available instantly on all others with LastPass Premium and Families.

Another example is 1 GB of internet storage. It is encrypted file storage for the safe storing of papers.

Wide Support of Browsers:

Password Manager Internet Explorer

Yes, LastPass supports good ol’ Internet Explorer browser too.

Password Manager Safari

Yes again. Lastpass devs clearly loves Mac users too.

Password Manager Firefox

Boom ya, lovely Firefox is also supported.

Password Manager On Google

Of course. My favorite long time favorite Google Chrome is also supported by Lastpass.

Password Manager Opera

Lalalaaaaaa! Good try. Naturally all singers favorite browser Opera is supported. I don’t use it. Should I?

Password Manager Edge

I almost forgot about Microsoft Edge browser, I sometimes use it to testing purposes but somehow not yet tuned into using it daily. Edge is also supported by LastPass so if you use Edge I definetely don’t blame you it is most definetely good choice.

LastPass Free Vs. Family Vs. Premium

LastPass’ editions are priced comparable to similar versions of other software. It provides three different programs to customers: free, premium, and family.

The Free version offers all of the usual pass manager options and a few extras. It also includes a password generator, one-to-one sharing, encrypted notes, a password strength assessment, and support for multi-factor verification.

The annual cost of LastPass Premium is $36. In addition to all of the benefits of the free version, you get one-to-many sharing, sophisticated multi-factor choices, an Emergency Access option, deep web monitoring, priority tech support, and 1GB encrypted file storage.

LastPass Family is the most expensive category for non-corporate customers, costing $48 per year. Subscribers to LastPass Family receive six LastPass Premium subscriptions, unlimited shared folders, and access to their family dashboard. With under 50 bucks all your family’s password security problems solved. Just remember to take care that your kids use safe passwords for their accounts. Teach them to use password generator tool. It is amazing and easy to use.

FINAL THOUGHTS

LastPass offers numerous levels of protection, more features than most alternatives, and is reasonably priced. It supports two-factor and multi-factor authentication, making the app as secure as you want it to be. It is a user-friendly, feature-rich pass manager for both individuals and companies. 

The numerous features that are accessible for free, even on a single-user account, contributed to its ranking as the top single-user pass manager. However free version supports only one device so with paid version you get most out of it by using it in desktop, laptop and all mobile devices and what is great is that you can have PC and Macs, Linux, Android and i-devices mixed. It works with all.

Good reading: Characteristics of a good and strong password

Read about it in Harvard University’s blog article. They recommend it too for their students. Click this link.


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