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I am pretty sure most law systems would not consider the wife a third party in this context (eg. see the US spousal privilege).

[By wife I mean legal spouse in general of course]

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It doesn't protect her from people with a '$5 wrench' that want to get the password from her. This is assuming that 'they' figure that getting the password from her is easier/better than getting it from you.

Hired goon: "Excuse me, madame, but if you would be willing to divulge to me your husband's password, I will gladly give you this shiny new $5 wrench!"

(With apologies to "how to determine the height of a building using a barometer"...)

He might have better luck with a bar of chocolate, also it's even cheaper:

http://news.bbc.co.uk/2/hi/technology/3639679.stm

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