False the database itself would need to be encrypted.
This goes back to 2013 when a failing one-man-band Jala Transport Ltd had a laptop stolen at a set of traffic lights. It had a database containing the personal data of 250 customers. It was password protected, but the database was not encrypted. No information was ever compromised. They were fined, £5,000, if they had been in a better financial situation the fine would have been significantly more.
On a Windows 10 pro device, BitLocker is can be used for encryption.