BleepingComputer.com: Password Manager programs; Are they worthwhile?

Good morning everyone,

I have been reviewing (online) some of the different Password Manager Programs, such as, Last Pass, Roboform, Kee Pass, and some others (both free & paid versions).

I would like to ask:

1. Is it worthwhile to to have such a program?

2. Are there any password manager programs which do NOT involve having to store my data online? (I would prefer to keep such sensitive data on my computer and under my direct control. I've seen too many instances of entities, such as, Steam, and others whose databases have been hacked into and people's personal information compromised).

3. Does anyone have recommendations regarding a password manager program (free or paid) which is easy to use/understand? [For a paid program...I'd prefer one for which you pay a one-time fee, rather than a recurring yearly fee].

Thank you for your time and any recommendations!

This post has been edited by spc3rd: 04 February 2012 - 11:25 AM

1. If you have multiple accounts, with multiple passwords; Yes.
If you use the same password for everything (which isn't the best of idea's); No.

2. KeePass encrypts and stores all information locally on your system. It will also generate passwords for you, using user defined parameters. It's also free.

3. KeePass

Thanks very much for the information tg1911!

You're quite welcome, Pete.