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In this tutorial, Kevin explains how to password protect a Microsoft Word document using the latest version of Word from Office 365. He emphasizes the importance of securing documents containing sensitive information, such as financial data. He demonstrates using a sample income statement that includes various income sources and expenses. This hands-on approach highlights the relevance of protecting critical information to prevent unauthorized access. Kevin, who works at Microsoft, assures viewers of the ease and necessity of employing password protection for confidentiality.