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Here you can set a new password for logging into the application. To set a new password the current one must be entered first. The (struck-through) eye icon in the input field on the right allows you to display the filled-in password so that it can be seen. Otherwise, it is not displayed for security reasons, and only dots are visible instead of actual characters.
The passwords must conform to the requirements set by the administrator (length, mandatory characters, etc.).
Changing a password in the application is not available for users from Active Directory. These need to change it in the AD.