I have always hated that Chrome and other browsers store your website passwords completely unprotected and viewable to any one who goes into the setting of that browser. Now I hear this.
I am glad I store any sensitive passwords and accounts in a password manager. Even though I don't use pirated software, I had when I was younger and had no way to afford some applications that I needed.
I think this is complete over stepping and something needs to be done NOW! Just like with the investigation of Net Neutrality. This shit is getting crazy. We shouldnt have to worry about this kind of thing.