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In this tutorial, Kevin demonstrates how to password-protect a Microsoft Word document using the latest version of Word from Office 365. He introduces the topic by emphasizing the importance of securing sensitive information, such as financial data. Kevin opens a sample document that includes his income statement with details such as job income, YouTube revenue, expenses, and total income or loss metrics. He sets the context for the need for password protection, particularly for documents containing critical information that should not be accessible to unauthorized individuals.