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: 21390

Answer 1

If you only have to remember one password, it’s far more likely that it’s going to be a few orders of magnitude more secure than the hundreds of passwords you need to make and remember for every stupid account you need to make across the whole Internet.