Grant,

I have to agree with you. I have no reservations about 1Password or storing the 
database in the cloud. I think the encryption is sufficient and the only thing 
I would keep in mind is ensuring you have a strong password on the database 
itself. Obviously password would not be a secure password, but with a good 
master password, I believe the files are nearly hack-proof. THis is a great 
discussion because there is so much educating that needs to be done. I think 
Very good points Grant.

On Oct 2, 2012, at 2:59 AM, Grant Hardy <grantha...@gmail.com> wrote:

> Raul and List,
> 
> I'd like to add a couple of points to this discussion. Firstly, it's
> important to understand that 1Password encrypts your data similarly to
> other apps such as TrueCrypt. Even if a thief got their hands on your
> 1Password vault, it could take years to attack your password (assuming
> you're using a strong password to protect your 1Password data). It is
> not as though passwords are stored in any way that could permit
> Dropbox employees or hackers to read the data. Of course Dropbox
> suffers from security breaches, but the 1Password vault shouldn't be a
> strong target because again, it's encrypted. Note: this is very
> similar to how apps such as LastPass store your data in the cloud. I
> don't think 1Password should be any less secure than LastPass or
> RoboForm; on the contrary, I'd argue that it's more secure. You
> control the encryption of your 1Password data at your end. With those
> other services, you're leaving the control up to them. (And yes, I
> would trust them. But if you're really really concerned about
> security, then you should consider this.)
> 
> Secondly, if you're going to rely on a password manager, at least in
> my view, you have to have a backup in the cloud. If your equipment
> gets lost or stolen, then you'll have a very difficult, if not
> impossible, time gaining access to all your accounts again without
> some kind of backup that you can easily access.
> 
> Thirdly, it is not as though Dropbox saves your data forever. They
> store deleted files and previous versions of files for 30 days, and
> then they're gone. If you pay for Packrat Unlimited, an add-on
> available to Dropbox Pro users, then unlimited versions and deleted
> file history is stored. But in either case, if you really wanted you
> could login to the Dropbox web interface and instruct that Dropbox
> should permanently delete specific files or folders.
> 
> Of course, I'm sure Dropbox keeps backups of user data that would
> remain a little while after that, but this is pretty normal. Just
> about every online service does this. And again, I wouldn't worry too
> much about 1Password being a target, unless a backdoor is found in the
> way they encrypt and store your data.
> 
> Grant
> 
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