But he starts with saying the file can be processed offline. And I wonder, if one gets the "password" file to be processed offline, why can't he simply get the

But he starts with saying the file can be processed offline. And I wonder, if one gets the "password" file to be processed offline, why can't he simply get the data too? Maybe there is a difference between what is supposed to be protected. The login to some server based server? Or something I use locally like my tax files.