LastPass goes public over security vulnerabilties
Cloud-powered password management service LastPass has spoken publicly about a pair of security flaws reported in August 2013 for the first time, but says that users have nothing to fear from the bugs.
LastPass is a popular cross-platform password management service, which stores users’ usernames, passwords and other private details on remote servers. These details are reversibly encrypted using a master password, meaning that LastPass users need only remember a single password while having the ability to use a unique and complex password for every site and service they use.
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Story added 15. July 2014, content source with full text you can find at link above.