You can password protect your Word documents against opening, which will
keep out all but the most determined snoop, but it won't stop anyone you
allow access from deleting them. You need to introduce security measures to
keep other users out of your profile (not perfect but it's a start) and you
need to move important files to an external drive which you should keep
locked away when you are not using the PC.
The best security measure is to prevent any access.
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Graham Mayor - Word MVP