The Howdy Glossary

LastPass is a password management software that enables users to store, generate, and manage passwords securely using AES-256 encryption. It supports various web browsers through plugins and mobile devices via its app, also allowing for the secure storage of personal information such as credit card details and addresses. Key features include two-factor authentication (2FA), password sharing, and auditing tools for evaluating password strength.

Created by Marvasol, Inc., founded by Joe Siegrist in 2008, LastPass has become a widely recognized tool in the tech industry. It was developed to meet the rising need for a secure and convenient solution to manage passwords across multiple devices and platforms. The platform's encryption ensures user data is secured before being stored on company servers, offering features like 2FA, password sharing capabilities among users or teams, and auditing tools that enhance overall security.

LastPass faces competition from other reputable password managers like 1Password, Dashlane, and Bitwarden but sets itself apart with robust AES-256 encryption and comprehensive feature offerings. These include support for various browsers and mobile devices as well as functionalities like 2FA, which enhance security measures significantly. Its versatility makes it suitable for individuals needing secure personal management solutions to businesses aiming to centralize password management with advanced cybersecurity practices.