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Question

how secure is storing your passwords online ?

by ashwin.chn / October 13, 2013 6:20 PM PDT

There are hundreds of site that wants me to enter a username/password to access their services. Remembering all those passwords is a pain. One way out would be to use paper and pen and note down all the username/passwords. Which is not a good solution. Other elegant way would be use a password manager service like lastpass to store your password. Then have the service to let you log in. But this means that you are almost giving away your passwords to third party site. This brings in a wide variety of problem. For example, if the developer inside the company goes evil ? Or they are doing NSA compliance ? So in one scoop all your passwords are compromised, which would have been slightly more difficult to achieve if you had not used this kind of service. Though it wont avert the situation, but it would buy you some time to act. What is your approach to solve this situation ?

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