For 99% of people an online password manager like Bitwarden or LastPass is going to significantly help them manage passwords securely despite the risks associated with cloud services. Most people can’t handle self hosting Bitwarden or syncing a Keepass database by themselves. Without an easy to access and easy to use online option people will revert to significantly riskier methods like password reuse or using some sort of repeatable/guessable pattern.
For the 1% of people who want more security there are options like Vaultwarden or Keepass. Even then it’s not uncommon to make mistakes and lose data/access or leave some sort of vulnerability exposed. The attack surface is a lot smaller than a public service though which is beneficial.
For 99% of people an online password manager like Bitwarden or LastPass is going to significantly help them manage passwords securely despite the risks associated with cloud services. Most people can’t handle self hosting Bitwarden or syncing a Keepass database by themselves. Without an easy to access and easy to use online option people will revert to significantly riskier methods like password reuse or using some sort of repeatable/guessable pattern.
For the 1% of people who want more security there are options like Vaultwarden or Keepass. Even then it’s not uncommon to make mistakes and lose data/access or leave some sort of vulnerability exposed. The attack surface is a lot smaller than a public service though which is beneficial.