LastPass

Long-established business password manager with SSO and SaaS monitoring tiers

Overview

LastPass was founded in 2008, is headquartered in Boston and says more than 100,000 organisations use it[20]. Owned by LogMeIn (later GoTo) from 2015, it formally separated from GoTo in 2024[20]. Its business plans are Teams, for up to 50 users, with an admin console, shared folders and essential security policies; Business, for unlimited users, with more than 100 security policies, group management, SSO for up to three apps and LastPass Families for employees; and Business Max, which adds unlimited SSO apps, monitoring of AI, SaaS and web use, and advanced multi-factor authentication[19].

The company now describes itself as an access security platform that discovers SaaS and AI tools used by staff and enforces strong credentials on them[20].

Its ranking reflects the security incidents disclosed in 2022, in which an attacker used information from a compromised developer account to reach cloud storage and copy backups of customer vault data; usernames, passwords and notes were encrypted, but website URLs were not, and customer contact data was also taken[21].

LastPass features

  • Free plan limited to one device type
  • Dark web monitoring
  • Families plan for six accounts
  • Plus tier with LastPass VPN (Windows only)
  • Basic password sharing on the free plan
  • 100+ security policies (Business)
  • Group management
  • SSO for 3 apps (Business) or unlimited (Business Max)

LastPass pricing

Free: one device type, unlimited password storage. Premium, Families (6 accounts) and Plus (with VPN for up to 10 Windows devices): monthly rate billed annually; amounts were not shown in the static page. 30-day free trial for Premium and Families.

LastPass strengths and limitations

Strengths

  • Familiar interface for long-time users
  • Free tier still available
  • Dark web monitoring included
  • SSO and MFA bundled in Business Max
  • SaaS and AI app discovery
  • Teams plan for up to 50 users

Limitations

  • 2022 breach exposed encrypted vault backups and unencrypted URLs
  • Free plan restricted to one device type
  • VPN in Plus tier works on Windows only
  • 2022 breach copied encrypted vault backups and unencrypted URLs
  • SSO limited to three apps on Business
  • Prices not shown in the static page

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