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

Have a look at this chart:

https://www.weforum.org/agenda/2021/12/passwords-safety-cybercrime/

1 super strong password on your password manager and it’s next to impossible to crack with current technology.

Using a password manager and changing your passwords easily and regularly would be the answer.

It’s very rare for a password manager company to have a leak of details, because they would be more likely to have it under heavy encryption, unlike most websites where passwords are leaked from.

Since you would be using different strings of letters and numbers for passwords with a password manager, not the same one on every site, it makes it very secure, especially when there is more than 1 method used to enter your password manager.