> data shared with third parties
The data isn't shared with AgileBits. They only have the encrypted vaults, they don't have the keys to open them. So it's no more shared with a third party than using Dropbox to sync a local vault is shared with a third party.
Re:On Password Managers
by heartbreak on Thursday July 20, 2017 @09:25PM
(#14817460)
But they haven’t stopped me from using my local vault so technically they’re doing more for more.
Given that vaults contain secrets, and data shared with third parties is not secret in any legally compelling way, that effectively neuters the product.