diff --git a/application/Espo/Core/Utils/PasswordHash.php b/application/Espo/Core/Utils/PasswordHash.php
index 0996d66075..d127161cbd 100644
--- a/application/Espo/Core/Utils/PasswordHash.php
+++ b/application/Espo/Core/Utils/PasswordHash.php
@@ -32,10 +32,12 @@ namespace Espo\Core\Utils;
 use RuntimeException;
 use SensitiveParameter;
 
+use const PASSWORD_BCRYPT;
+
 class PasswordHash
 {
     /**
-     * SHA-512 salt format.
+     * Legacy.
      */
     private string $saltFormat = '$6${0}$';
 
@@ -47,26 +49,45 @@ class PasswordHash
      */
     public function hash(#[SensitiveParameter] string $password): string
     {
-        $salt = $this->getSalt();
-
-        $password = md5($password);
-
-        $hash = crypt($password, $salt);
-
-        return str_replace($salt, '', $hash);
+        return password_hash($password, PASSWORD_BCRYPT);
     }
 
+    /**
+     * Verify a password against a hash.
+     */
     public function verify(
         #[SensitiveParameter] string $password,
         #[SensitiveParameter] string $hash
     ): bool {
 
-        return $this->hash($password) === $hash;
+        if (password_verify($password, $hash)) {
+            return true;
+        }
+
+        return $this->legacyVerify($password, $hash);
+    }
+
+    private function legacyVerify(
+        #[SensitiveParameter] string $password,
+        #[SensitiveParameter] string $hash
+    ): bool {
+
+        if (!$this->config->get('passwordSalt')) {
+            return false;
+        }
+
+        return $this->legacyHash($password) === $hash;
+    }
+
+    private function legacyHash(#[SensitiveParameter] string $password): string
+    {
+        $salt = $this->getSalt();
+
+        $hash = crypt(md5($password), $salt);
+
+        return str_replace($salt, '', $hash);
     }
 
-    /**
-     * Get a salt from the config and normalize it.
-     */
     private function getSalt(): string
     {
         $salt = $this->config->get('passwordSalt');
@@ -78,19 +99,8 @@ class PasswordHash
         return $this->normalizeSalt($salt);
     }
 
-    /**
-     * Convert salt in format in accordance to $saltFormat.
-     */
     private function normalizeSalt(string $salt): string
     {
         return str_replace("{0}", $salt, $this->saltFormat);
     }
-
-    /**
-     * Generate a new salt.
-     */
-    public function generateSalt(): string
-    {
-        return substr(md5(uniqid()), 0, 16);
-    }
 }
diff --git a/install/core/Installer.php b/install/core/Installer.php
index e866c095e4..ab2e547428 100644
--- a/install/core/Installer.php
+++ b/install/core/Installer.php
@@ -394,7 +394,6 @@ class Installer
             'database' => array_merge($databaseDefaults, $saveData['database']),
             'language' => $saveData['language'] ?? 'en_US',
             'siteUrl' => $siteUrl,
-            'passwordSalt' => $this->getPasswordHash()->generateSalt(),
             'cryptKey' => Util::generateSecretKey(),
             'hashSecretKey' => Util::generateSecretKey(),
             'theme' => $saveData['theme'] ?? 'Light',
diff --git a/tests/unit/Espo/Core/Utils/PasswordHashTest.php b/tests/unit/Espo/Core/Utils/PasswordHashTest.php
deleted file mode 100644
index 9421cb6a09..0000000000
--- a/tests/unit/Espo/Core/Utils/PasswordHashTest.php
+++ /dev/null
@@ -1,103 +0,0 @@
-<?php
-/************************************************************************
- * This file is part of EspoCRM.
- *
- * EspoCRM – Open Source CRM application.
- * Copyright (C) 2014-2024 Yurii Kuznietsov, Taras Machyshyn, Oleksii Avramenko
- * Website: https://www.espocrm.com
- *
- * This program is free software: you can redistribute it and/or modify
- * it under the terms of the GNU Affero General Public License as published by
- * the Free Software Foundation, either version 3 of the License, or
- * (at your option) any later version.
- *
- * This program is distributed in the hope that it will be useful,
- * but WITHOUT ANY WARRANTY; without even the implied warranty of
- * MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE. See the
- * GNU Affero General Public License for more details.
- *
- * You should have received a copy of the GNU Affero General Public License
- * along with this program. If not, see <https://www.gnu.org/licenses/>.
- *
- * The interactive user interfaces in modified source and object code versions
- * of this program must display Appropriate Legal Notices, as required under
- * Section 5 of the GNU Affero General Public License version 3.
- *
- * In accordance with Section 7(b) of the GNU Affero General Public License version 3,
- * these Appropriate Legal Notices must retain the display of the "EspoCRM" word.
- ************************************************************************/
-
-namespace tests\unit\Espo\Core\Utils;
-
-use tests\unit\ReflectionHelper;
-
-class PasswordHashTest extends \PHPUnit\Framework\TestCase
-{
-    protected $object;
-
-    protected $objects;
-
-    protected $reflection;
-
-    protected $salt = 'bdaff81c7b8db54d';
-
-    protected function setUp() : void
-    {
-        $this->objects['config'] = $this->getMockBuilder('\Espo\Core\Utils\Config')->disableOriginalConstructor()->getMock();
-
-        $this->object = new \Espo\Core\Utils\PasswordHash($this->objects['config']);
-
-        $this->reflection = new ReflectionHelper($this->object);
-    }
-
-    protected function tearDown() : void
-    {
-        $this->object = NULL;
-    }
-
-    public function testGenerateSalt()
-    {
-        $salt = $this->object->generateSalt();
-
-        $this->assertEquals(16, strlen($salt));
-    }
-
-    public function testNormalizeSalt()
-    {
-        $salt = $this->object->generateSalt();
-
-        $result = '$6$' . $salt . '$';
-        $this->assertEquals($result, $this->reflection->invokeMethod('normalizeSalt', array($salt)));
-    }
-
-    public function testGetSalt()
-    {
-        $this->objects['config']
-            ->expects($this->once())
-            ->method('get')
-            ->will($this->returnValue($this->salt));
-
-        $result = '$6$' . $this->salt . '$';
-        $this->assertEquals($result, $this->reflection->invokeMethod('getSalt'));
-    }
-
-    public function testGetSaltException()
-    {
-        $this->expectException(\RuntimeException::class);
-
-        $this->reflection->invokeMethod('getSalt');
-    }
-
-    public function testHash()
-    {
-        $password = 'test-password';
-
-        $this->objects['config']
-            ->expects($this->once())
-            ->method('get')
-            ->will($this->returnValue($this->salt));
-
-        $result = '4gDlJKdkj/MMo2axSwvvWUv0ktSUeGpis/wLcpL8aEBUxXTVa.rxFb1cfKzTiSE4ookBdNpLMheJmtZqzDSRA0';
-        $this->assertEquals($result, $this->object->hash($password));
-    }
-}