Wallet & Password Manager : How safe are they?

[trainbus120]

We all have heard of these and would have either used them or would be using them also. They either come as a third party software or a inbuilt browser feature essentially positioned as a facilitator. But how often do we hear that password and login informations have been stolen. How can we trust any one in this world who claims to be a facilitator, but the intentions of every one on this earth is to make money?

How comfortable can we be with these software and add-ons to save our private confidential information?

 

[Koroke San]

Simple, if u don't trust them, don't use their products. Just store random difficult passwords in ur brain & remember it like i do, but if u think ur brain can't handle this then try third party password managers which are mostly trusted by users worldwide.

 

[Ink]

How to Steal Credentials (Not a How-To).

1. Attack the company storing this data, if not patched use a known vulnerability, ITW exploit, targeted social engineering attack, or something more sophisticated.
2. Attack the end user with social engineering (phishing or trojan via Spam emails).

I would say Social Engineering are the most common form, but I'm no security expert like some here.

A secure password manager like LastPass (How It Works?) encrypts your data, and only YOU have access to your account. If you enter your credientials into a FAKE website that replicates a legitimate site, then it's fair to say you have provided them with your details. - That's my opinion anyway.
You could always keep your sensitive data locally using (KeePass Password Safe), but if you forget or the file/database is lost, it's gone forever. Unless of course you have a backup copy.

 

[Deleted member 178]

Lastpass is quite safe to me , but my brain is even safer

 

[Himani]

I used to use sticky password but i drop it because when we use any password manager we loose memory. our brain gets poorer

 

[Cats-4_Owners-2]

Lastpass is quite safe to me , but my brain is even safer

I've come to rely on LastPass for lots of little non-banking & non-secure transacting type log-ins requirements (just like here). If LastPass were to ever go down in flames, maybe you'll let me borrow The Umbra Brain 'that's even safer'! Lol!!!

I used to use sticky password but i drop it because when we use any password manager we loose memory. our brain gets poorer

I agree which is why I punch in all phone call numbers manually rather than using speed dial! Unlike Umbra Polaris', my brain isn't always safer than LastPass and needs to be exercised out in the numbers yard!

 

[trainbus120]

Simple, if u don't trust them, don't use their products. Just store random difficult passwords in ur brain & remember it like i do, but if u think ur brain can't handle this then try third party password managers which are mostly trusted by users worldwide.

 

[trainbus120]

Lastpass is quite safe to me , but my brain is even safer

 

[PlayerFromTheITtic]

Hello everyone!

As for myself, I'd rather KeePass, easy-to-use, secured and completely free