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Excel4GroupShare - how secure is it?

I would like to use Excel4GroupShare. However when asked to enter my user credentials I am a bit worried where they may end up. Espcecially if I save them for the next data query.

Where are the user credentials stored when activating the saving option? Can you guarantee information security with this plug-in?

I hope my question is not too silly, but I am not a professional coder and do not know how such a plug-in works in the background.