Today you need to remember many passwords. You need a password for the Windows network logon, your e-mail account, your homepage’s ftp password, online passwords (like CodeProject member account), etc., etc. – the list is endless. Also, you should use different passwords for each account. If you use only one password everywhere, and someone gets this password you have a problem, a serious problem. The thief would have access to your e-mail account, homepage, etc. Unimaginable.
KeePass (http://keepass.info/index.html) is a free/open-source password manager or safe which helps you to manage your passwords in a secure way. You can put all your passwords in one database, which is locked with one master key or a key-disk. That way, you only have to remember one single master password or insert the key-disk to unlock the whole database. The databases are encrypted using the best and most secure encryption algorithms currently known (AES and Twofish). For more information, see the features page.
We put the keypass encrypted file on a shared volume. This would work for a small/midsize group of admins. Another nice feature is that you can sync to a Pocket PC or a Palm device.
Disclaimer: As with everything else at NetIQ Cool Solutions, this content is definitely not supported by NetIQ, so Customer Support will not be able to help you if it has any adverse effect on your environment. It just worked for at least one person, and perhaps it will be useful for you too. Be sure to test in a non-production environment.