The answer in this case isn't IP level isolation, it's PIM. Something that Amazon cannot do, this is Azure now... enterprise Azure. A magic land where admins are not admins, merely granted the permission to be admin, and only after submitting the appropriate paperwork, and being granted access by someone else. do they become admin and even then it's only for the duration expected to perform the task at hand.
All this article tells us is LastPass never used enterprise standard practices. They kept their junk on Amazon using old tools, and old tools configured poorly.
They were also stupid enough to hire a dev that exposed his home working environment with entertainment software he didn't maintain. Even more evidence of internal, structural, leadership faults.