Password managers have become essential tools for your digital life. They allow you to create strong passwords, remember them for you, and reduce the risk of reusing weak credentials across services. But precisely because of their value, they’ve also become a high-priority target for attackers.
At TecnetOne, we often say: when something becomes too valuable, it naturally attracts cybercriminals. And today, your password manager holds your most precious digital assets—your identity, money, and data.
In recent years, attacks on these tools have risen dramatically: phishing, specialized malware, fake apps, provider breaches, and software vulnerabilities. The threat landscape keeps expanding—and so does the potential impact.
Here’s why this trend is accelerating, and the top three threats you should watch closely.
Our digital lives keep getting more complex. Without realizing it, the number of services you log into daily has exploded.
According to NordPass, the average user now manages 168 passwords, a 68% increase from just four years ago. That volume makes it almost impossible to memorize strong, unique passwords, which leads many people to reuse them—a gift for attackers.
Password managers solve this by generating strong passwords and syncing them across devices. But with that convenience comes a new risk: if someone breaks into your vault, they gain access to your entire digital life.
Read more: Why should you NOT ask an AI to create your passwords?
Your master password is the key to everything. If an attacker gets it, they can access:
In short, they get total control.
ESET researchers have identified several techniques:
In many cases, users don’t realize they've been compromised—until it's too late.
Beyond the master password, an entire ecosystem of threats now targets your vault:
Attackers create near-perfect clones of:
The only difference? The URL. Once you type in your password, they’ve got it.
These fakes are often promoted via malicious ads on search engines or social media.
A recent example is North Korea’s DeceptiveDevelopment operation using InvisibleFerret malware. This tool:
This malware often hides in developer tools or "productivity" apps.
Even Google Play and Apple’s App Store have seen fake password managers slip through. These apps can:
The threat is no longer limited to shady websites—it's in the stores themselves.
Even if you follow best practices, one risk remains out of your control: the provider’s security.
The most famous case is LastPass, which suffered two major breaches in 2022:
Those encrypted files later helped criminals steal millions in crypto. Weak master passwords made those encrypted vaults vulnerable.
And it’s not an isolated case. ESET reports a growing number of vulnerabilities in managers:
Every new feature adds another potential attack vector.
You might also be interested in: The Dark Side of Your Passwords: How do they end up on the dark web?
Despite these risks, password managers are still far safer than trying to memorize everything. But you must harden your setup.
Create a strong, unique master password
Use a long passphrase with random words:
Example: skyforest-river42-moonlight
Avoid birthdays, names, or short combos.
Always enable multi-factor authentication (MFA)
Best options:
Avoid SMS-based MFA whenever possible.
Keep your manager and devices updated
Many attacks rely on old, unpatched flaws.
Download only from official sources
Never install a manager from:
Always verify the developer name.
Don’t store 2FA tokens in your manager
If the manager is compromised, your 2FA goes with it. Use a separate app or device.
Turn on all available security alerts
These can notify you of:
Enable every alert your manager offers.
Password managers remain one of the best tools for digital security. But their growing value has turned them into prime targets, and attackers are adapting quickly.
At TecnetOne, we see it clearly: your vault’s safety depends not just on the software, but on your habits.
Strengthen your master password, enable MFA, avoid shady downloads, and stay alert. With these measures in place, your password manager will remain a trusted ally—not a single point of failure.