LastPass had suffered a major breach in 2022 in which encrypted vault data was stolen.

A 2024 Canadian probate case involved a holder who had documented their custody arrangements thoroughly—seed phrase on paper, hardware wallet location, exchange account credentials—but had stored all documentation in a LastPass password manager account. LastPass had suffered a major breach in 2022 in which encrypted vault data was stolen. By 2024, portions of the stolen vaults had been successfully decrypted by the attackers, and the holder's entire digital inheritance plan was likely compromised and in adversarial hands. Whether any assets had been drained before the holder's death was unclear. The family faced both a potential theft and an incomplete recovery plan simultaneously.