Bitwarden vs LastPass

August 06, 2023 | Author: Michael Stromann
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Bitwarden
Bitwarden is a free and open-source password management service that stores sensitive information such as website credentials in an encrypted vault. The Bitwarden platform offers a variety of client applications including a web interface, desktop applications, browser extensions, mobile apps, and a CLI.
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LastPass
LastPass is there when you need to login, generate a password for a new site, or complete an online order. We've streamlined the browsing experience with features that take the hassle out of logging in and signing up, so you can forget about passwords forever.

Bitwarden and LastPass are two leading password manager applications, each offering unique features and security options to cater to different user preferences. Bitwarden is an open-source password manager that emphasizes privacy and security, providing end-to-end encryption, 2FA, and secure cloud-based synchronization across devices. It also allows users to self-host their data for complete control over their password vault. Bitwarden's open-source nature appeals to users seeking transparency and customization options. On the other hand, LastPass is a widely used and user-friendly password manager that offers a range of features, including secure password storage, automatic form filling, password generation, and secure sharing of passwords with trusted contacts. It provides cloud-based synchronization across devices and platforms, making it convenient for users seeking seamless access to their passwords from anywhere.

See also: Top 10 Password Managers
Bitwarden vs LastPass in our news:

2022. Open source password manager Bitwarden raises $100M



Open-source password manager Bitwarden has successfully secured a $100 million funding round. Bitwarden operates in a competitive market that includes established players like 1Password, which recently achieved a valuation of $6.8 billion following a $620 million funding round, and LastPass, which recently returned to independence after being acquired by private equity firms two years ago. In essence, Bitwarden and similar solutions simplify the process of generating strong, difficult-to-guess passwords automatically. These password managers enable users to securely store their passwords in a digital vault, helping them avoid the common practice of reusing predictable passwords across multiple online accounts.


2016. Password manager LastPass is now free



LastPass, the password manager under the ownership of LogMeIn, has announced a significant update to its service by making a core component available for free. Previously, users could access the browser extension at no cost but had to pay a $12 annual fee to enjoy mobile password portability. However, LastPass has decided to eliminate this fee, allowing users to freely access their passwords on mobile devices. The free services now include essential features such as two-factor authentication, password generation and sync, as well as access from unlimited devices. Essentially, LastPass is now charging only for enhanced features rather than convenient access. It's worth noting that the company continues to generate revenue through its enterprise offerings. LastPass states that this pricing change is driven by a commitment to making password security accessible to a wider audience. However, it is also likely aimed at enticing users away from other paid password management services.


2015. LogMeIn acquired password management service LastPass



Remote access software provider LogMeIn has completed its acquisition of LastPass, the online password management software maker, for a total sum of $110 million. LastPass, a competitor of Dashlane, 1Password, and similar solutions, offers a comprehensive suite of tools designed to enhance online security for users. Its flagship product is a password management software application that facilitates the creation of strong, secure passwords for various websites, while also providing a secure repository for other private information in the form of "secure notes." In addition to a native desktop application for OS X, which was launched earlier this year, LastPass offers features such as a "Security Check" tool, enabling users to quickly assess the strength of their passwords. The company also provides web browser extensions and a mobile app to ensure convenient access to its services.


2015. Password manager LastPass launches version for Mac



LastPass, a password management service, has launched a new native Mac application that offers enhanced integration on OS X along with several new features. The updated app includes instant logins, the capability to perform security checks on online accounts, and a fast search function. With growing awareness of the threat posed by hackers, apps like Dashlane, LastPass, and 1Password are among the first to be installed on users' new computers or mobile devices. It's worth noting the irony that despite the recent high-profile data breaches at physical stores like Target, Staples, and Home Depot, consumers remain vigilant about online security.

Author: Michael Stromann
Michael is an expert in IT Service Management, IT Security and software development. With his extensive experience as a software developer and active involvement in multiple ERP implementation projects, Michael brings a wealth of practical knowledge to his writings. Having previously worked at SAP, he has honed his expertise and gained a deep understanding of software development and implementation processes. Currently, as a freelance developer, Michael continues to contribute to the IT community by sharing his insights through guest articles published on several IT portals. You can contact Michael by email stromann@liventerprise.com