LogMeIn has acquired LastPass, a move leading many users to wonder how quickly they can switch to a different password manager. The news was announced on LastPass’s website this morning, and the password company had to quickly shut down comments after being deluged with negative responses. LogMeIn acquired LastPass for $110 million in cash and the deal is expected to close this weekend, TechCrunch reported.
Here’s what you need to know.
1. LogMeIn Came Under Fire For Ending Its Free Service With Little Warning
LogMeIn came under huge criticism when it ended free remote access with only about a week’s warning back in January 2014, Computer World reported. Users haven’t forgiven the company since. Users said that if they had been given a decent amount of notice or if LogMeIn’s customer service had acted like it cared, they might have considered switching to a paid plan. But instead, LogMeIn lost a large amount of customers when the announcement was made. Now, LastPass users are worried that the same type of thing might happen to their service, so they’re thinking of jumping ship early to avoid problems down the line.
2. LastPass Is Insisting It Won’t Change Its Business Model
When LastPass first made the announcement about LogMeIn’s acquisition on its blog, the company was immediately hit with a flood of negative comments, prompting it to shut off users’ ability to add any new comments to the post. One user wrote: “Are you CRAZY?!? This news has just ruined my day. Now I’m going to have to spend this weekend moving to another password manager.” LastPass updated its blog later to address concerns, stating that “we have no plans to change our existing business model.” But the statement wasn’t enough to ease many people’s fears.
3. KeePass Is One Favorite Alternative, Especially When Coupled With Dropbox
One alternative that many people are discussing, such as on this Reddit thread, is KeePass. KeePass is an open-source password manager that’s free and lets you store all your passwords in one database that uses one master key. The only downside is that KeePass works from a local database and doesn’t have as many features as LastPass. Some users store their KeePass database in Dropbox, Git, BTsync, or Google Drive. Others suggest using Syncthing to sync their password database across different machines. If you want to host the database yourself, one user on Reddit suggests keeping the database on your own web server, and point KeePass to the URL over FTP, HTTP, or WebDAV.
4. Others Say That Dashlane Is a Viable Alternative to LastPass
Dashlane is another favorite as far as LastPass alternatives go. A Secure Life rated Dashlane second as a password manager, right after LastPass. With Dashlane, you can set up an emergency contact for urgent situations. You can share your passwords, use the service to determine your passwords’ strength, take advantage of an autologin feature, and automatically change all or certain passwords with just one click. As a downside, Dashlane can be expensive with a $40/year premium service and doesn’t have a Linux client. But Dashlane’s premium service does have browser plugins and mobile apps, which are huge pluses for some people.
5. You Have Several More Alternatives, Like 1Password, If You’re Thinking of Jumping Ship
1Password, Encryptr, Secret Server, and AuthAnvil are other options. 1Password is great for individual use but not so great for teams or enterprise use, users say. But unlike Dashlane, which requires a yearly subscription, 1Password only requires a one-time fee for its premium service. It does not, however, support Linux. Encryptr, another open-source application, stores passwords and other sensitive data on the cloud. However, it doesn’t have as many features as LastPass. Secret Server, meanwhile, is an enterprise password manager and has a cloud-managed option if you don’t want to self host. AuthAnvil is also used by some companies and has 2-factor authentication.
If you want something completely new, a company called Splikity was just featured on Shark Tank last week. This app does everything automatically, including storing passwords, syncing them across devices, and recommending passwords. Other options include Enpass, which lets you import data from LastPass and syncs with mobile and desktop platforms.
There’s also Zoho Vault, an online password manager that encrypts at the browser, allows one-click login, and includes two-factor authentication. Zoho Vault is currently offering a one-year free subscription to LastPass users.
There’s also Sticky Password, a secure password manager and form filler that uses biometric authentication. The company is offering a 50 percent off special price for LastPass users who want to switch over. You can find more information here.
If you know of a good password manager that we missed, please leave a comment!
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