KeePass Developer Prefers Money over Security

Password managers are a convenient way to create unique passwords for every site, and remember them without too much trouble. KeePass 2 is one of the prominent players in this market, but the developer is getting into contested waters. As it turns out, he refused to patch a security flaw as he would lose ad revenue otherwise.

KeePass Is Vulnerable To MiTM Attack

In this day and age of data breaches and consumers demanding more privacy, there is no room for error or personal gain. KeePass 2 developer Dominik Reichl would like to argue that point, however, as he wants to ensure the ad revenue of his password manager tool is not affected.Even a security flaw will not make him change his mind, which is quite worrying.

KeePass 2 has a security flaw in its update check, which leaves room for hackers to exploit this vulnerability. A man-in-the-middle attack could be executed to let users patch their client with a fake update. Doing so would give assailants access to the stored passwords in the client, and wreak havoc on a large scale.

Fixing this vulnerability would require an upgrade by Reichl, which would encrypt all web traffic. However, in doing so, he would potentially lose out on a significant amount of ad revenue, which is invaluable to smaller developers. Then again, when consumers stop using KeePass 2 due to this vulnerability, there is more at stake than just ad revenue.

Related Post

That being said, Reichl has indicated his plan to switch to encryption as soon as it is possible and financially feasible. Moreover, KeePass 2 users can always verify the integrity of the update they are downloading, which should mitigate the risk of a man-in-the-middle attack by a significant margin.

In the end, there seems to be a worrying trend in the world of software development. When creators value ad revenue over user security, things are evolving in the wrong direction. Security should always be the top priority as it will affect the entire business model. Knowingly exposing users to attack is not the right way to go.

Source: Engadget

Images credit 1,2

If you liked this article follow us on Twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin and altcoin price analysis and the latest cryptocurrency news.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

BEFE Coin: The MEME Coin Revolutionizing Wealth Creation

Do you know about BEFE? This relatively nascent coin is now the talk of the…

4 hours ago

Bitgert Coin: The Crypto Revolutionizing the Market

Indeed, the list of altcoins continues to grow in the crypto world and that’s why…

4 hours ago

Arweave ($AR) Leads Daily Gainers With 17% Surge On Coinmarketcap

Today, the decentralized storage network Arweave ($AR) has captured the spotlight as the top daily…

13 hours ago

Arbitrum Recovers To $1 Amidst Development Activity Surge

Today marked a slight resurgence for Arbitrum as it reclaimed its $1 trading price, following…

14 hours ago

BlockDAG Eclipse Top Crypto Coins Amid Shiba Inu Dips & Avalanche Staking.

Best Crypto to Buy: BlockDAG’s Moonshot Keynote Sparks $22.2M Presale, Eclipsing Shiba Inu And Avalanche…

22 hours ago

Solana Meme Coins Bonk (BONK) And (MEW) Fail To Make New ATH, ETFSwap (ETFS) Presale Explodes

The once-booming trend of Solana meme coins appears to be reaching its twilight. Backed by…

1 day ago