The NSA is decrypting all things. You might have your passwords stored with a password management tool, such as the popular LastPass or 1Password apps. Should you be worried? Yes and no.
This question was posed on Quora: Is it reasonable to assume that developers of popular password management software (LastPass,...) are/will be forced by law enforcement to install backdoors in their encryption algorithms?
Two employees of AgileBits, the developers of 1Password, chimed in to say they do not have your data nor your master password, and so they don't have the ability to intercept or decrypt your 1Password file. AgileBits posted this blog post when all internet security/privacy hell broke loose.
However, the issue goes a bit beyond whether the government can get at your data. Given the craziness with Lavabit shutting down due to government pressure, it's not outside the realm of reason that the government could compel developers to weaken their systems. Jeffrey Goldberg offers on Quora, however, a few reassurances:
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