How to protect the password?

Question

Passwords

Why is storing a password in a database, in its original form, considered insecure?
Do I understand correctly that password hashing only helps if the database is hacked?

Answer 1

Why is storing a password in a database, in its original form, considered insecure?

Because then no one except the owner of the account can find out the password. Do you agree that this is how it should be?

Do I understand correctly that password hashing only helps if the database is hacked?

And also in the case of an unscrupulous developer, administrator, bugged code, a backup forgotten in public access, a screenshot of the table posted on the Toaster, and so on. One sql injection - and you are the father, as they say.