Looks like we're getting more information on the most recent LastPass breach:

"To date, we have determined that once the cloud storage access key and dual storage container decryption keys were obtained, the threat actor copied information from backup that contained basic customer account information and related metadata including company names, end-user names, billing addresses, email addresses, telephone numbers, and the IP addresses from which customers were accessing the LastPass service.

The threat actor was also able to copy a backup of customer vault data from the encrypted storage container which is stored in a proprietary binary format that contains both unencrypted data, such as website URLs, as well as fully-encrypted sensitive fields such as website usernames and passwords, secure notes, and form-filled data. These encrypted fields remain secured with 256-bit AES encryption and can only be decrypted with a unique encryption key derived from each user’s master password using our Zero Knowledge architecture. As a reminder, the master password is never known to LastPass and is not stored or maintained by LastPass. The encryption and decryption of data is performed only on the local LastPass client. For more information about our Zero Knowledge architecture and encryption algorithms, please see here.

There is no evidence that any unencrypted credit card data was accessed. LastPass does not store complete credit card numbers and credit card information is not archived in this cloud storage environment."

They went on to say if you picked a weak master password, you should change the passwords it protects.
https://blog.lastpass.com/2022/12/notice-of-recent-security-incident/

Security Incident December 2022 Update - LastPass

We are working diligently to understand the scope of the incident and identify what specific information has been accessed.

The LastPass Blog

@briankrebs Let me know if I have this right or need more thought into some issues...

It sounds like end users of this product need to be concerned about their PII and maybe especially about the IP's that they access this product from.

The data supposedly protected by this product is supposedly still secure because master passwords are not kept and the decryption information from it is stored at the local client and not with the developers.

As long as the master password and decryption information is kept at the local side can the malicious entities still do anything damaging with that? Can it be brute forced in some way and what would be the likelihood of success in such an effort?

Can the malicious entities do anything with the IP addresses obtained from the developers?

Just trying to understand and learning...

I hope other developers of similar products learn from this and enhance their security and policies...

@akmartinez
Well i wouldnt worry too much about IP's, most of those are dynamic and probably "expire" in a few days....
As for LastPass IDK why ppl still trust it.