.

Healthy Passwords

.

.

LastPass and ID Watchdog Announce Joint Venture to Deliver Credit Information

Date: 2011-06-28 14:53:17

Ken Klein, Healthy Passwords
June 27, 2011 3:00PM EDT

A press release by ID Watchdaog, Inc of Denver, CO (TSXV:IDW) (OTC:IDWAF) announced an agreement with Lastpass to distribute credit alerts through the lastpass service.

According to the release: "Once the product integration is complete, LastPass customers will be able to routinely monitor their credit report with credit alerts distributed directly through the LastPass application at no additional cost to them."

Lastpass has already built a very secure offering, requiring a unique password only known by the account owner, and not saved anywhere in the system. If the account owner loses their password, the only option is to lose all vault data.

From a security standpoint, Laspass account owners can feel confident knowing they hold the only key to their password vault. If however, the owner fails to protect their account by using poor passwords or allowing malware to install keyboard loggers, they could further compromise their security by combining credit information with password information.

A big plus to the venture is multi-factor authentication. Lastpass offers several forms of multi-factor authentication, which could make the offering more secure than other credit monitoring services that only use email alerts or standard password authentication.

Until Lastpass and ID Watchdaog announce more details of their offering everything is speculation.

Category: Authentication

Subcategory: Passwords

blog comments powered by Disqus
McAfee SECURE sites help keep you safe from identity theft, credit card fraud, spyware, spam, viruses and online scams

 Subscribe in a reader

.

Leaf

Leaf

Home | Live CD Listing | Password Worksheet | Third Party Ratings | Purchase | Errata | Contact | News | News Archive | Legal

Copyright © 2011, Sustainable Alternatives, LLC | Ligonier, PA 15658 | 724-238-9560 | All Rights Reserved.

 Sustainable Alternatives, LLC BBB Business Review
Leaf

.

Leaf