Over the past 15 years, password managers have grown from a niche security tool used by the technology savvy into an indispensable security tool for the masses, with an estimated 94 million US adults—or roughly 36 percent of them—having adopted them. They store not only passwords for …

The maker of Passwordstate, an enterprise-grade password manager for storing companies’ most privileged credentials, is urging them to promptly install an update fixing a high-severity vulnerability that hackers can exploit to gain administrative access to their vaults. The authentication bypass allows hackers to create a URL that accesses an …