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Rakesh Soni is CEO of LoginRadius, a leading provider of cloud-based digital identity solutions. Having a strong, secure password has become more critical than ever. The key reason behind 80% of data breaches in 2019 was password compromise. Password hashing can reduce the number of unauthorized access to your database by creating original passwords which are not leaked or available to the hackers. The hashed passwords are stored in the authentication database. Whenever you log in, the entered password is hashed using the same algorithm.