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Password managers like 1Password are the new target for hackers, according to a new report from security firm, Picus Labs.

Do you use 1Password, LastPass, NordPass, or any other password manager? You're not alone. According to a 2023 Security.org study, roughly one in three people use a password manager to secure their login information. Password managers make logging in to your apps, social media accounts, and other online services easy.

In its latest findings, the firm has found that the attacks to breach the security of password managers have drastically increased in 2024. Picus Security’s report is based on an in-depth analysis of more than one million pieces of malware collected in 2024.

Picus Security says the number of attacks against password managers skyrocketed in 2024 The malware is growing more sophisticated Users should deploy MFA with password managers, research suggests Cybercriminals are increasingly targeting password managers in an attempt to break into various important digital accounts.