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Step 2 : Type "iPhone Backup" on the top right corner search box. Step 1: Go to "/Application/Utilities" and open Keychain. Here are the necessary steps to recover iTunes backup file with Keychain: This method is really conditional and depends on how often you use Keychain.
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Keychain works flawlessly with iTunes backup files created from iPhone, iPod or iPad. If you were lucky enough and enable this feature on your Mac, then it is highly possible to find the correct password of iTunes backup file. It saves username and password so you don't need to input the password each time you access an service or app. Keychain is a built-in app on Mac computer to deal with password.
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Part 1: Find Forgotten iTunes Backup via Keychain for Free (Mac User Only)
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