this post was submitted on 11 Jul 2023
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Why are online password manager bad? Sure, the risk is obviously higher than the offline one, but online password manager would be sufficient for most people. Convenient outweigh for like 99.99% of people. Even if there is a data breach, passwords' hashes are not easy to crack, even if you know the salt. The only way to crack it is that you reuse password. So, as long as you use strong enough master password, it'll most likely be fine.
Also, if you care about security, you'll also probably be using TOTP 2FA anyway. So unless, TOTP secret is leaked at the same time as your password, then you are fine.
https://blog.lastpass.com/2023/03/security-incident-update-recommended-actions/?utm_source=google&utm_medium=cpc&utm_campaign=19467886458&utm_term=lastpass%20hacked&utm_content=144001089494&sfdcid=7018c000001FDby
That's a breach they told the public about. What's worse is when a company gets breached and they don't know it happened or it takes them years to find out. I'd rather step on my own ding ding than put my credentials online.