Clipperz - online password manager
Rated • 6 reviews • computers • clipperz.com
Another leading online password manager. Comparable to Passpack
This new breed of online password managers are based on Host-proof hosting techniques.
"Essentially, Host sensitive data in encrypted form, so that clients can only access and manipulate it by providing a pass-phrase which is never transmitted to the server. The server is limited to persisting and retrieving whatever encrypted data the browser sends it, and never actually accesses the sensitive data in its plain form. It. All encryption and decryption takes place inside the browser itself."
So in essence the server will not be able to read your passwords, since they send you the encrypted data, and the decryption (via scripting) with your master password occurs only on your computer. I.e the server hosting your passwords will not get the master password.
There are some risks though, if the server that hosts your passwords is hacked, the attacker can possibly inject scripts to do evil things...
For comparison of Passpack and Clipperz see
here (by Passpack) and here Clipper's analysis of privacy issues of Clipper vs PassPack's one-click features.
Also see Online Password managers and why you should use them
