smartdollars The Computer Savvy Weblog

EPD 73: Fan Mail Friday’s (12/23/2011)

Posted: 22 Dec 2011 09:15 PM PST

Hi there Remy,

I was wondering what your thoughts were on cloud based password protection and storage systems ?

Sent In By "Paranoid Password Parent"

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What are your thoughts cloud based password protection and storage systems ?

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Reply: Ok first off don't let the hype and advertising about such services fool you. They are no where as safe as they claim they are. First off if you were a hacker what would you rather go after. "A regular Joe" with little to no value or would you rather go after thousands of "regular Joe's" ?

Well, if I were that hacker. I would want the biggest and best pay out in as little time as possible. So for sure I would want to go after an online password storage system or service.

On an very important side note. There has been some very high profile attacks on such cloud services such as LastPass. So what does that tell me.

Well it tells me 2 things. One that storing all your passwords with one company is a really stupid idea. And secondly it seems that thus far no company can claim nor would they want to claim they are hack proof . (As that would make them an instant target for hackers.)

So to summarize I won't be recommending such services. Until there is a much better overall infrastructure for such systems and services. And even then I doubt very much I would par-take in such services, unless I had to. (Say in the case that my company switched over to a cloud based system.)

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Till Next Friday,

Remy "Se7en"

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