This isn't unheard of in the industry, Engineers using BYOD devices or similar to work from home. But with a company with a risk profile as high as LastPass this seems _incredibly dumb_.
You would assume anyone with the keys to the kingdom was working on a company provided device, or any device that fits a compliance framework based on their own risk needs (which should be massive!).
E.g., endpoint management, AV/detection, FIDO2 with Yubikeys to access AWS as an admin and otherwise. Just a few off the top of my head.