Yes you can. Right-click the desktop or inside any folder, and choose New, Compressed (zipped) Folder This adds a new folder in that location with the default name 'New Compressed Folder'. This applies if no other compression utility is installed like Winzip, it will take over as the default so use that in place Compressed (zipped) Folder. Type a name for the folder and press Enter. Double-click the folder to open it.
Now open Windows Explorer or any folder and select the folders and/or files you want to password-protect. Use the right mouse button to drag the items into the new compressed folder. When you release the mouse button, choose Move Here. (If you left-drag, only copies will be added to the compressed folders, leaving the originals unprotected.) Now inside the compressed folder you created click file\ password and create the password. Thats it.
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