Script Execution Error

The following error was just encountered:

DBI connect('host=db70a.pair.com;database=livesite_ccp51','livesite_17',...) failed: Server is running in --secure-auth mode, but 'livesite_17'@'209.68.6.33' has a password in the old format; please change the password to the new format at /usr/www/users/livesite/ltnet/shop/cgi-bin/library/common/database.pl line 232.