What the password protects
It gates access to the transfer for someone holding the link. TransferSize derives the stored value with salted PBKDF2-SHA-256 rather than keeping it as readable text.
What it does not protect
A transfer password is not client-side end-to-end encryption. A recipient who downloads the file can copy it, and a compromised recipient device remains outside the link control.
Operational hygiene
Do not place the password in the same message as the link. Remove the transfer when the delivery is complete if it should no longer be available.
Before the handoff
Can support tell me the password?
The readable password is not stored for retrieval; use a controlled password manager on your side.
Is expiry a substitute for a password?
No. Expiry limits time; a password adds a separate access check.