DB migration with encrypted password

[operationsmanag]

Hello experts,
I have a question about this  DB Migration step.
https://support.hpe.com/hpesc/public/docDisplay?docId=sd00006453en_us&page=GUID-8F72A3D3-1A97-4BE5-8295-7DF36301E576.html

In this step, they are storing password with plain text on DB.
select * from backup where `name` ='Morpheus Appliance'; UPDATE `morpheus`.`backup` SET `ssh_host` = '127.0.0.1', `target_password` = 'its-a-secret' WHERE `id` = '1';

Is there any way to migrate DB and keep the password encrypted?