More than $35 million has been stolen from over 150 victims since December — ‘nearly every victim’ was a LastPass user::Security experts believe some of the LastPass password vaults stolen during a security breach last year have now been cracked open following a string of cryptocurrency heists
Use KeePass.
My concern with using a text file is you have to defrost it to use it and whenever it’s not encrypted it’s potentially exposed. You are also vulnerable to keyloggers or clipboard captures
KeePass works entirely locally, no cloud. And it’s far more secure/functional than a text file.
I personally use KeePass, secured with a master password + YubiKey.
Then I sync the database between devices using SyncThing over a Tailscale network.
KeePass keeps the data secure at rest and transferring is always done P2P over SSL and always inside a WireGuard network so even on public networks it’s protected.
You could just as easily leave out the Tailscale/SyncThing and just manually transfer your database using hardware air-gapped solutions instead but I am confident in the security of this solution for myself. Even if the database was intercepted during transit it’s useless without the combined password/hardware key.
Is there a recovery process if your yubikey breaks?
There is no recovery if you have a single hardware token in use only. But that’s a structional issue with your concept.
Instead, it is recommended to have two (or more) identical Hardware Tokens to replace one that dies.
It is also smart to keep the seeds for things like 2fa in some secure backup with schizophrenic paranoia proof Security measures.