On average, every person has 7.6 accounts – that’s a lot of user IDs and passwords for an individual! Remembering the user ID and password for all these accounts is obviously very cumbersome, and third party service providers have capitalized on this to provide password management services. A password manager is essentially a single repository for all your credentials. Two very popular password managers are LastPass and Dashlane. These are applications which will store your credentials in a “secure” database. However, they haven’t been spared by hackers, who breached their security to get access to thousands of user credentials.