Add a Password to Excel Files as a First Stepīefore you create a new file, whether it’s a standalone spreadsheet or linked to other reports and documents, you’ll want to set your Excel file password as a first step. Protecting sensitive information contained in Excel worksheets and related files with linked data requires a few quick steps to set encryption so that only authorized staff or individuals can view or edit the data.
If you want to improve business spreadsheet security and limit document access to specific individuals or groups of people, it’s crucial to add passwords to Excel files. Businesses use secure sharing through internal networks, though many files saved in Office 365, including Microsoft Excel and Word 365 documents, may not be adequately protected with a password. Many organizations and industries use an Excel file or network of spreadsheets to track sales and inventory transactions, government agencies’ data, and a wide variety of businesses. While many people store personal financial budgets, projects, and related information on a spreadsheet, businesses of all sizes use Excel for large-scale worksheets, sometimes in a template or database format, to build and expand on a collection of detailed data. How To Password Protect Excel Documents for Businesses and Organizations For this reason, it’s essential to learn how to password protect Excel worksheets from securing your data. Work-related documents and files containing sensitive, confidential information are best protected with a password. If you regularly work with Microsoft documents, you’ll likely have lots of Excel and Word files stored on your laptop or in a cloud folder.
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