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In this tutorial, Kevin, an employee at Microsoft, explains how to password protect a Microsoft Word document using the latest version of Word from Office 365. He highlights the importance of securing sensitive information, such as financial data, to prevent unauthorized access. Kevin uses an example of his income statement, which includes details like job income, YouTube revenue, and various expenses, to illustrate what type of information might require protection. The tutorial aims to guide viewers through the process of ensuring their documents remain confidential and secure.