The supply chain breach of Passwordstate, an Australian-based enterprise-grade password manager, is the latest in a series of confidence-shaking breaches since the SolarWinds attack was disclosed in December.
While Passwordstate has a relatively low level of brand awareness in the U.S., more than 29,000 organizations across the globe and upwards of 370,000 IT and security professionals used the password manager.
While it's generally better practice than what most users do with their passwords (reusing predictable passwords or writing them down in a text file or post it note), it does represent a single point of failure that needs to be specially guarded.
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