Originally posted by kaput
I'm liking the look of mobile-based solutions like 1password or lastpass but I have trust issues with apps in general. As a below average idiot that knows nothing about computer security, given all the major security failures in the news, how do I know I can trust a third party company and the cloud with potential access to everything I do? What if they get hacked? What if they go bankrupt? What if the app fails and I lose all my accounts (is there offline backup)?
I'm not a computer wizard, but I read an article about these password apps once. The apps that store your passwords online keep it within an encrypted file on their servers. And someone could only decode the file if they have the private key (which in most cases is just you).
You should consider using KeePass2 as it stores your passwords on your hard drive in an encrypted file.
Has an IQ of 138, but can't figure out basic algebra.