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

Your password manager won’t get hacked. Microsoft is the one who gets hacked. Or Nord VPN, or facebook. And then they have all the passwords of millions of people. And when they have the username (that you always use) and the password (that you always use) they have your account for everything. Better that your have control of your password, and then one one password gets leaked when crunchy roll gets hacked.