The less likely it is that your password can be guessed or calculated, the more secure it is. And the more secure your password is, the more secure the data, emails, computers, company networks, etc. it protects. Passwords are usually a combination of numbers, letters and special characters that serve as access keys to devices (e.g. computers, smartphones), computer programs or online services such as e-mail, social media and other platforms with confidential data.
You certainly encounter it all the time. After all, so many people use the same password multiple times because passwords have to be entered in numerous places. Password security is often underestimated, but it serves to protect your digital identity.