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AWS Systems Manager Parameter Store provides a secure storage and management system for secret data like passwords, secret parameters, licenses, etc. The great benefit of this is that you can save any piece of data instead of AWS Secrets Manager, where you can choose only a particular format. In the case of different types of secret data, it looks like a universal solution for all of them. In this case, the secret data can be deserialized from any object you might be interested in. It is a secure management service and scalable service with no servers to manage secrets.