As long as people shall keep thinking that the very concept of a master password you enter on your computer ain't totally broken from a security point of view I won't be surprised by all the security exploits out there.<p>It's the very mindset of people working in this field which is totally broken.<p>If someone installs a keylogger on your computer (eg thanks to, say, a 0-day Java applet vulnerability) and gets your master password, it's much much worse than if the same keylogger gets installed and manages to steal only some of your passwords.<p>For example I connect about once a year to MoneyBookers (where I have money). I connect rarely to the "admin" account of our Google Apps for Business/Domain (because things are correctly set up and just working nicely for our use cases). etc.<p>I a keylogger is installed on my system, there's a chance an anti-virus or even the user is going to notify, at one point, that something spooky is going on. And between the time the keylogger (say by re-installing the OS) got installed and its removal, I may very well never have connected to MoneyBookers, Google Apps for Bussiness's admin account and all the other sites which I very rarely connect to.<p>So although the security breach is terrible it is not anywhere near as bad as if my master password was sniffed by a keylogger and the attacker had access to <i>all</i> my passwords.<p>Note that a 0-day exploit and a keylogger aren't science-fiction: these are the kind of exploits happening on a daily basis and affecting a <i>lot</i> of people.<p>How can anyone possibly that a master password can ever be secure?<p>It cannot. It is the anti-thesis of security.<p>It is trading security for conveniency.<p>That trend in our industry and the fact that devs don't see what's deeply wrong with that scheme is frightening.<p>I have nightmares about what's coming in the future because, obviously, we're living in a world where nobody cares about security anymore.<p>Btw I'm the kind of person who boots a live Linux CD to connect to my online bank account and who did set 2 form factor auth wherever possible. So I'm unlikely to take fanboism and blind faith to the "master password" cult seriously.<p>Explain me how a master password isn't trading security for conveniency and I might listen.