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

It only works if you never store the master password anywhere online and have it memorized or keep it somewhere else. Most people can remember one password instead of thousands for other accounts and websites. Also if you have F2A enabled it makes it safer.