A situation where the remote datastore is compromised and now with it, all of my passwords.
Or if I was to buy into 1Password's worldview, all of my credit cards, bank accounts, ID cards, everything I want to keep a secure digital copy of, is at risk.
Having a sense of control is a huge part of the way we think. Despite the greater risk of death in a car compared to an aeroplane, there's less concerns about car travel because there's a sense of control. Similarly, having the data under my control may be less secure, but that's still within my control rather than dependent on someone else doing the right thing.
Or if I was to buy into 1Password's worldview, all of my credit cards, bank accounts, ID cards, everything I want to keep a secure digital copy of, is at risk.
Having a sense of control is a huge part of the way we think. Despite the greater risk of death in a car compared to an aeroplane, there's less concerns about car travel because there's a sense of control. Similarly, having the data under my control may be less secure, but that's still within my control rather than dependent on someone else doing the right thing.