this post was submitted on 07 Sep 2023
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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.

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"Be your own bank" reaches logical end stage as hackers are mining LastPass breach for crypto accounts to loot (krebsonsecurity.com)
submitted 1 year ago by gerikson@awful.systems to c/techtakes@awful.systems
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"Oh no! - Anyway" meme intensifies.

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[–] fasterandworse@awful.systems 3 points 1 year ago

Monahan said she’d concluded that the common thread among nearly every victim was that they’d previously used LastPass to store their “seed phrase,” the private key needed to unlock access to their cryptocurrency investments.

All that ideological effort to continue relying on a cloud-based password system.