Hackers steal $6.2 million in digital assets from LastPass users, investigators track stolen funds

Hackers stole over $6.2 million in digital sources from 22 LastPass users between Feb. 19 and 20.

Blockchain investigator ZachXBT and Taylor Monahan, a developer associated with the crypto wallet MetaMask, printed in a Feb. 21 post on social media platform X (beforehand Twitter) that they meticulously tracked the movement of funds from 41 compromised wallets. These wallets comprised 21 Bitcoin and 20 Ethereum addresses, all impacted by the breach.

Monahan highlighted that the stolen sources encompassed diverse cryptocurrencies corresponding to Cardano, Polygon, Dogecoin, and Wrapped Bitcoin, predominantly on the Ethereum digital machine (EVM) chains. These contain been all of a sudden reworked and transferred to Bitcoin.

Consequently, she educated affected contributors to document the incident to the US Web Crime Criticism Center (IC3). Moreover, she educated LastPass users to promptly rotate their keys to curtail further losses from the protection breach.

Final year, ZachXBT and Monahan disclosed that the attackers had stolen over $4 million in digital sources from LastPass users on Oct. 25. On the time, ZachXBT issued a solid recommendation for LastPass users who had ever stored their seed phrases or keys on the platform to transfer their crypto holdings promptly.

LastPass hack

In December 2022, LastPass, a platform depended on for storing and encrypting user passwords, fell victim to a breach that compromised its cloud-based mostly completely storage service.

The attack allowed malicious actors to fetch entry to its platform and reproduction a backup of its buyer vault data, containing sensitive data corresponding to net page logins, stable notes, and fetch data.

Following the breach, cybercriminals started targetting crypto users whose seed phrases could need been stored on the platform. Cybersecurity expert Brian Krebs reported that the breach has resulted within the theft of over $35 million in digital sources from 150 victims.