It's just asking for trouble.
Online password managers? Nuts.
Just as crazy as storing your data in "the cloud", which = some server somewhere, you have no idea where.
I agree.
I have never trusted password managers, online or not. I have my own password-generating routine.
As I understand it, the data is all encrypted and can not be accessed without your Master Password which is only stored as an encrypted value. They might be able to get some PII on the customer base, but I think that is about it.
Agreed. I have my own password generator and protection scheme. Nothing is stored off our property or in a cloud. And passwords are not stored on any of our computers.