Please note the information at https://infosec.ed.ac.uk/information-security-updates/lastpass-security-incident-novemberdecember-2022
What is a Password Manager?
Password managers help users maintain a large number of passwords and account information. They store login information for various accounts and automatically enter them into forms. This helps prevent cyber-attacks and reduces the need to remember many passwords.
Password managers enable the use of strong and unique passwords and provide an efficient way to manage them. They encrypt the login information and store it in either the local memory of the user’s system or in cloud storage.