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Not really though. Once the password has been leaked, it needs to be cracked. And that usually doesn’t happen when the password is strong enough.
Except the password wasn’t hashed but then the company belongs to get sued to bankruptcy
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That’s also assuming they used proper salts and a strong hashing algorithm.
Also MITM and or phishing attacks are not super common but can also depreciate your common password very quickly.
Always layered defense. If it’s not 1 thing, it could be another.
Unique passwords are just one facet on a multi-layered security defense.