I'm no expert but I think if they use a cryptographic function that requires a lot of CPU cycles, such as bcrypt, it will still be hard to brute force as long as you use a secure password. It looks, however, like they might have used something like sha256. I don't think that requires a lot of CPU and so it's much easier to brute forced.

It's probably good enough for stuff like an informational product that you want to put behind a password but not good enough for storing your credit card details.