That has been one of my concerns in using SteemConnect. Especially if it's being exploited, that's even more concerning, especially since there are so many applications that use it.
So are they storing the passwords? If you disconnect the account, does it delete the password from their system? How do you disconnect your account?
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Not sure about storage tbh but this will at least show you how to disconnect
https://steemit.com/steemit/@lolicorn/how-to-revoke-posting-permissions-for-steem-apps-via-steemconnect
Thanks!