eli5 Password manager apps

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I‘d not consider myself technologically unsavvy but I can‘t really understand how a password managing app on my phone can keep my passwords safe?
By that I don‘t mean what kind of encryption technology is used, I just can‘t believe that I really CAN trust a company not giving/selling all my passwords (or losing them to a hack).
That‘s also the reason why I never use apples pw manager for example.

Am I overly cautious? Is it safe to store my passwords in a pw manager app?

Maybe someone that understands the technology/encryption behind such apps can help me

In: Technology

15 Answers

Anonymous 0 Comments

You need to consider the least bad option.

Is a password manager 100% secure? No.

Is it more secure than the alternative that most people do of using one password across multiple sites? Yes

Most breaches occur because a website gets hacked. The hackers then try that username and password across multiple sites. If the password manager means you can use a strong unique password for every site you visit the chances of being compromised are much lower.

Unless you have a superhuman memory for every password on every site or want the agonisingly slow process of keeping a secure record somewhere of all your passwords and needing to look it up every time you login then a password manager is the best compromise of ease and security.

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