Aren't password managers sacrificing security for convenience?
It depends on what problem you're trying to solve / what's your threat model. The comparison is for realistic (imperfect) use of password manager vs what someone would do otherwise.
Nobody is likely to ever guess your bank password with online tries, so the likely scenarios are: protection from hashed credentials leak, and from another service leaking shared passwords. The tradeoff is your password manager bring possibly exploited. With the known frequency of each so far, no, it doesn't look like we're sacrificing security.
Comments
It depends on what problem you're trying to solve / what's your threat model. The comparison is for realistic (imperfect) use of password manager vs what someone would do otherwise.
Nobody is likely to ever guess your bank password with online tries, so the likely scenarios are: protection from hashed credentials leak, and from another service leaking shared passwords. The tradeoff is your password manager bring possibly exploited. With the known frequency of each so far, no, it doesn't look like we're sacrificing security.