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LastPass is a freemium cloud-based password management service.
Works on Windows/OSX/Linux, Android/iOS/WP/BlackBerry, Chrome/Firefox/Opera/Safari/IE.
SpecsUpdate
Pros
Pro Limited free version
The free version of LastPass covers the basic needs. You can store an unlimited number of items and share passwords. Using the browser extension (available for most major browsers) will allow you to generate strong new passwords when you're signing up for a new website, store account details, and fill-in username and password fields automatically.
The notable omissions are cross-platform sync and multi-factor authentication, which require a $1 per month premium plan.
Pro Straightforward for daily use
LastPass is relatively straightforward. It comes with extensions for all major browsers that will take care of: generating strong new passwords when you're signing up for a new website, storing account details automatically, as well as filling in username and password fields automatically, etc.
Pro LastPass follows reasonable security practices
All passwords (but NOT the URLs and links) are encrypted and decrypted locally so they're protected while in transit between LastPass servers and your device. It also means that LastPass never knows what your passwords are, but they do know what links you have stored in your vault.
Passwords are encrypted with the 256-bit AES encryption. 256-bit AES encryption is secure enough to be used by governments, militaries and intelligence agencies.
LastPass was vetted by Steve Gibson. He is a well established security researcher best known for his work with Apple and Atari systems as well as founding Gibson Research Corporation. He was given access to LastPass' source code and confirmed that it's safe to trust its security.
Pro Manage household / family
Premium users can set-up multiple profiles for different family members and share account details between them.
Pro Works with portable versions of Chrome and Firefox
Firefox 2+ on Windows, Mac & Linux as well as Chrome 4+ on Windows and Linux support a portable version of LastPass. Great for securely accessing LastPass Vault from public or untrusted computers.
Pro Multifactor authentication
LastPass offers multiple multifactor authentication options, including Google Authenticator, Grid Multifactor Authentication, Microsoft Authenticator App, Toopher Authentication, Duo Security Authentication, Transakt Authentication, Sesame Multifactor Authentication, Smart Card Authentication and Yubikey Multifactor Authentication.
Pro Seamless autofill and password generator via plugins for all popular browsers
All common browsers, including Opera, have plugins that allow automatically filling in forms and generating passwords. All form fill information syncs across all platforms, devices and browsers. Password generator can be adjusted to use or exclude certain characters and patterns.
Pro Offers multiple export options
LastPass can dump the whole database as a .csv file or an encrypted file that can then be decrypted using LastPass Pocket as well as separately export Wi-Fi passwords and autofill information. Additional export options are available on a per-browser basis.
Pro Allows downloading an encrypted database backup that can only be decrypted with LastPass Pocket
LastPass Pocket is a standalone personal database decrypter. It's a portable executable, meaning it does not need to be installed, that is used to decrypt a local encrypted copy of the password database.
Cons
Con Password management could be better
The interface for managing your saved passwords is somewhat noisy and unintuitive. For example, clicking on an entry will not open it, it will only select it. You'll need to find the proper icon for each action. Many actions take more clicks than necessary.
Con Mobile apps are not intuitive
There are large differences between iOS and Android; as well as from the base desktop and cloud interfaces. Option A doesn’t correspond to the same thing across platforms. Functions have different names on different platforms, and under different settings.
Recommendations
Comments
Flagged Pros + Cons
Pro Password one-click change
LastPass is able to change your password automagically.