Why are password managers considered good security practice when they provide a single entry for an attacker to get all of your credentials?

Question

Why are password managers considered good security practice when they provide a single entry for an attacker to get all of your credentials?

In: Technology

Answer 1

If you used the same password for everything, every account you have would be a single entry for all the others. That means the most important thing is that each has a different password, and those passwords are strong. I have hundreds of accounts. Almost nobody could remember strong, unique passwords for all of them. Yes, the idea of it being a single entry point to all your credentials feels a little scary, but it is better than the alternative, which is weak passwords or many points of entry.