LastPass’s new cloud backup option – sunny skies or a brewing storm?

As eagle-eyed users of LastPass will have noticed, the company recently introduced a cloud backup option for the company’s popular smartphone Authenticator app. Authenticator implements multi-factor authentication for LastPass and a range of third-party services supporting the Time-based One-Time Password (TOTP) algorithm such as Google, Facebook, Microsoft, WordPress, Dropbox, and so on.

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