Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.


08:05 PM
Dark Reading
Dark Reading
Products and Releases

PasswordBox Acquires Legacy Locker

Acquisition follows the recent announcement that PasswordBox has raised $6 million

SAN FRANCISCO, Nov. 20, 2013 /PRNewswire/ -- PasswordBox today announced its acquisition of Legacy Locker, the first-to-market digital legacy solution. The acquisition follows the recent announcement that PasswordBox has raised $6 million, led by OMERS Ventures and several Silicon Valley angel investors, including two Facebook executives.

(Logo: http://photos.prnewswire.com/prnh/20131120/LA20665LOGO)

The acquisition of Legacy Locker gives PasswordBox a deeper reach into providing its digital life management services to estate planners and existing Legacy Locker customers. According to a recent McAfee survey, online consumers have $55,000 on average in digital assets, including photos, projects, hobbies, personal records, work info, entertainment, social media and email. PasswordBox is the only free service to manage your online accounts during life and after.

"Digital death is a growing pain point most of us don't want to think about, yet we are storing more of our lives online each day," said Dan Robichaud, PasswordBox CEO. "We came to market four months ago with a product that not only remembers your passwords for you, but one that offers secure one-click login and the ability to collaborate with co-workers and friends without divulging passwords. Our biggest differentiator is our ability to name a digital heir so your digital assets are always protected if anything happens. This acquisition allows us to gain market share and cements our position as the most comprehensive digital management solution on the market."

Even during a legacy transfer, the user's data is always encrypted and never accessible even by PasswordBox employees. PasswordBox has a patent-pending end-to-end encryption sharing system with a trigger release process, so the only time a user can view a readable version of their data is on their device after they've logged in to their PasswordBox.

"Over the past four years, we have taken the market by storm with our online safety deposit box for internet passwords," said Jeremy Toeman, Founder of Legacy Locker. "Since our entrance into the market, the adoption of smartphones, iPads, online banking and social media has expedited the accumulation of digital assets. We helped fill a growing unmet need in the market then. Now our customers will benefit from the next wave of technology that will allow them to manage their current digital life, while ensuring their digital afterlife is still being protected too."

PasswordBox allows you to securely store, retrieve, create and share passwords with ease and efficiency on any device. The PasswordBox mobile app includes one-tap log-in capabilities to quickly access websites and apps without having to memorize or enter your passwords. With complete end-to-end encryption, people can safely collaborate with friends, family or co-workers and share accounts from any device. You can also create secured notes, while keeping track of passport, credit card or other sensitive data in a digital wallet anytime, from anywhere without having to worry about identity theft.

"We hear a lot about identity theft and cyber-crime, but we are just scratching the surface with the issue of the digital afterlife," said Legacy expert Richard Bruno. "While no one really wants to face their mortality, it's worse for our families when we don't pre-plan. The beauty of PasswordBox is it takes care of securing your passwords now and later."

About Legacy Locker

Legacy Locker (www.legacylocker.com) is the safe, secure way to pass online accounts to friends and loved ones. Founded in 2008 by Jeremy Toeman and Adam Burg, Legacy Locker Inc. is a privately held company based in San Francisco, CA. In April, 2009, the company publicly launched to consumers and professional estate planners to include digital assets as an effective part of estate planning.

About PasswordBox

With more than one million active users, PasswordBox is the only free password manager that helps people securely store, retrieve, create and share passwords anytime, anywhere, and on any device. Keep your online identity safe and say goodbye to multiple user names and passwords that are impossible to remember. Your PasswordBox master password is the only one you'll ever need. PasswordBox includes secure one-click sharing, a strong password generator and a legacy feature to entrust your digital life to a loved one after you pass. For more info, go to www.passwordbox.com.

Comment  | 
Print  | 
More Insights
Newest First  |  Oldest First  |  Threaded View
10 Ways to Keep a Rogue RasPi From Wrecking Your Network
Curtis Franklin Jr., Senior Editor at Dark Reading,  7/10/2019
The Security of Cloud Applications
Hillel Solow, CTO and Co-founder, Protego,  7/11/2019
Where Businesses Waste Endpoint Security Budgets
Kelly Sheridan, Staff Editor, Dark Reading,  7/15/2019
Register for Dark Reading Newsletters
White Papers
Cartoon Contest
Write a Caption, Win a Starbucks Card! Click Here
Latest Comment: "Jim, stop pretending you're drowning in tickets."
Current Issue
Building and Managing an IT Security Operations Program
As cyber threats grow, many organizations are building security operations centers (SOCs) to improve their defenses. In this Tech Digest you will learn tips on how to get the most out of a SOC in your organization - and what to do if you can't afford to build one.
Flash Poll
The State of IT Operations and Cybersecurity Operations
The State of IT Operations and Cybersecurity Operations
Your enterprise's cyber risk may depend upon the relationship between the IT team and the security team. Heres some insight on what's working and what isn't in the data center.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
PUBLISHED: 2019-07-17
In NSA Ghidra through 9.0.4, path traversal can occur in RestoreTask.java (from the package ghidra.app.plugin.core.archive) via an archive with an executable file that has an initial ../ in its filename. This allows attackers to overwrite arbitrary files in scenarios where an intermediate analysis r...
PUBLISHED: 2019-07-17
In ONOS 1.15.0, apps/yang/web/src/main/java/org/onosproject/yang/web/YangWebResource.java mishandles backquote characters within strings that can be used in a shell command.
PUBLISHED: 2019-07-17
NSA Ghidra before 9.0.1 allows XXE when a project is opened or restored, or a tool is imported, as demonstrated by a project.prp file.
PUBLISHED: 2019-07-16
An input validation issue affected WhatsApp Desktop versions prior to 0.3.3793 which allows malicious clients to send files to users that would be displayed with a wrong extension.
PUBLISHED: 2019-07-16
A vulnerability in various versions of Iomega and LenovoEMC NAS products could allow an unauthenticated user to access files on NAS shares via the API.