Popular Password Manager LastPass Doubles Price of Its Premium Plan, Removes features From Its Free Service Tier (neowin.net)

Posted by msmash on Friday August 4, 2017 @08:20AM from the where-things-are-now dept.

An anonymous reader shares a report: In November, LastPass made a big change to its service, allowing users to keep track of their passwords across all their internet-enabled mobile and desktop devices, free of charge. In addition to the free tier, the cross-platform password manager - available on iOS, Android, and Windows 10 -- also offered a Premium plan with additional features, priced at $12 per year. Today, LastPass announced another wave of changes to its lineup for individual users -- but this time, the changes are unlikely to be welcomed with open arms by its customers. LastPass Premium has now doubled in price to $24 a year, which includes "emergency access, the ability to share single passwords and items with multiple people, priority tech support, advanced multi-factor authentication, LastPass for applications, and 1GB of encrypted file storage," along with all the other features of the Free tier. In a statement, the company said, "While LastPass Free continues to offer access on all browsers and devices and the core LastPass password management functionality, unlimited sharing and emergency access are now Premium features. Free users will be able to share one item with one other individual.

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Had no idea this was even a thing by Rick+Schumann · 2017-08-04 08:41 · Score: 1, Informative

Furthermore I can't comprehend why anyone would think such a service is safe to use in the first place. Typical 'Cloud' service: Get you used to it, then rip the rug right out from under you. Also, as previously stated: Why would anyone think something like this is safe or a good idea in the first place? Let a bunch of faceless strangers on the Internet keep all your passwords for you?
1. Re:Had no idea this was even a thing by msauve · 2017-08-04 08:43 · Score: 4, Informative
  
  "Let a bunch of faceless strangers on the Internet keep all your passwords for you?"
  
  They don't. They keep encrypted versions of your passwords. All encryption/decryption happens locally.
  
  --
  "National Security is the chief cause of national insecurity." - Celine's First Law
I use KeePass by b0bby · 2017-08-04 09:01 · Score: 5, Informative

I've used KeePass for years now, and while I don't have all the fancy password sharing features I do have my passwords, in a format I trust, available on my PCs and phone. I haven't yet seen a reason to switch.