Well, it&#x27;d be encrypted with my login password as part of Keychain password storage under OS X (and with my device key + unlock code under iOS) so at rest it&#x27;s still going to be fairly secure.<p>But, as I said, I don&#x27;t use password managers for passwords that are really important, I use them for the bulk of online services where I&#x27;d like to use a different random username&#x2F;e-mail &amp; password for each.