When I worked for Northrop Grumman IT supporting DoD and State Department secure networks, and I occasionally had to work remotely from home, that subject came up. But this version of SplashID uses
Twofish encryption and the powers that be at the time determined that was plenty good and IMO, still is. And would be even if it was not stand-alone.
Besides, between
Equifax and
National Public Data essentially inviting the bad guys in to steal all our personal information, it is almost to the point where I'm not sure the point of having passwords any more anyway!
There's also
23andMe giving away our DNA data. While I did not personally have an account there, I learned two of my cousins did (one on my mom's side and the other on my dad's) and they both were compromised. So I assume I am too.
That said, I still use strong, hard to guess passwords. In fact, most are unique too. SplashID has a nice password generator that will create passwords up to 20 characters long, with the option to use a-z, A-Z, 0-9, !@#$%^& and more special characters, and foreign/accented characters too like, áôâôîôíêûõúèêúìÿüðùá.
Of course, like all PW managers, you must use a strong, hard to guess master password to open the manager. And of course, never write it down or post it on line. "Hank", my dog's name is good enough, right?