![]() ![]() ![]() Therefore, one must be extremely cautious when entrusting someone else with their passwords, as the consequences of a security breach can be devastating.įor businesses, it is much better to choose an on-premise solution like Passwork. This serves as a reminder that no online service is ever completely secure and that data breaches and hacks can occur anytime. Most notably, in August 2022, a group of unknown hackers managed to gain access to LastPass’s cloud storage, resulting in the theft of customer information. While it has provided a secure system for many of its users, the company has unfortunately experienced security breaches in the past. LastPass is a popular password manager that is highly regarded by millions of users worldwide. LastPass is a cloud-based solution, while Passwork is an on-premise solution that is installed on a company’s server and stores data locally rather than in the cloud. Two of the most well-known options are LastPass and Passwork. Password managers are essential for individuals and organizations to maintain their online security.
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