This is something everybody will know. But for those who did not know this :Consider the situation where a computer is shared with some other people. There are chances that the other person can access your passwords by under Tools, then your Options and then the Security section in Mozilla Firefox.A screen shot of saved passwords are shown here.
The person need not have any hacking skills at all. Just needs to copy your password and change it and that's it "Your account is hacked..!!"
To avoid such a thing happening to you all you need to do is use a master password See link
Happy browsing!
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