News
LastPass Has Revealed Yet Another Security Breach
It’s been revealed that the popular password manager was hacked using intel gained from a previous August 2022 attack.
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The CEO of LastPass, Karim Toubba, has revealed that the leading password manager has suffered another serious data breach. Toubba said that LastPass engineers detected unusual activity from a third-party cloud storage service in August 2022 — a service shared with parent company GoTo, which readers may remember by its former name of LogMeIn.
Security firm Mandiant was hired to investigate the suspicious incident, and together, they uncovered that the unauthorized person(s) gained access to LastPass cloud services using information obtained from a previous security breach in August of this year. The latest incident is thought to be rather serious, giving the criminal party access to “certain elements” of customer information.
When the password manager’s systems were breached back in August, Toubba says that after an investigation, the unauthorized party was found to have had internal access to LastPass systems for four days. The hacker was able to steal source code and some technical information, but security engineers said customer data and password vaults remained safe.
Also Read: WhatsApp Hacker Is Selling Over 150 Million MENA Numbers
In a separate but related announcement, parent company GoTo has admitted that hackers gained entry into its own development environment of remote work tools. Echoing the statement from LastPass, GoTo has assured customers that its services are functioning fine despite the data breach. Both LastPass and its parent company are still investigating the scope of the incidents, and we’ll likely hear more details over the coming months.
News
Yabi Introduces AI Financial Coach For Smarter Money Moves
The app provides real-time, personalized financial guidance, helping UAE residents manage money smarter, reduce debt, and build wealth effortlessly.
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Imagine having 24/7 access to an expert financial advisor — someone who understands your spending habits, helps you save more effectively, and offers guidance for every financial decision. That’s the vision behind Yabi’s revamped platform, an AI-driven finance app designed to transform personal finance management in the UAE.
Unlike traditional budgeting tools, Yabi acts as an always-available AI advisor, analyzing your unique spending patterns and offering real-time, tailored financial advice. Whether you’re making everyday purchases, planning a big trip, or saving for a major milestone, Yabi keeps you on track and helps you make informed financial choices.
Rakhil Fernando, CEO of Yabi, explains the mission behind the platform: “Financial literacy is not optional — it’s essential. But most financial tools today feel outdated and overly complex. Yabi is here to change that by offering AI-powered financial coaching that’s smart, simple, and accessible to everyone in the UAE”.
Here are some of the updated app’s new features:
- AI-Powered Financial Coach: A 24/7 digital advisor providing real-time financial guidance based on your spending habits and available in multiple languages.
- Live Insights: Connect your bank accounts for a detailed breakdown of your expenses.
- Tailored Budgeting: Yabi creates a budget that fits with your actual spending habits rather than generic financial advice.
- Interactive Financial Education: Learn the essentials of saving, investing, and credit management through engaging content integrated into the AI experience.
- Automated Expense Tracking: Receive instant alerts on overspending, identify hidden charges, and cut unnecessary subscriptions with ease.
- Credit Score & Financial Health Monitoring: Get free credit score checks and AI-driven recommendations to enhance your financial standing.
Also Read: A Guide To Digital Payment Methods In The Middle East
Finally, Yabi is also gearing up to introduce its own debit card and a suite of financial products, making it easier to save, spend, and invest within a single platform.
Want to try Yabi for yourself? You can download the app on the Apple App Store and Google Play Store.
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