Cookies are small text files that websites use to remember you so you don't have to log in every time.
Users export these cookies and share the text file online. If another person imports these cookies into their own browser, they can sometimes bypass passwords and multi-factor authentication (MFA) to log directly into the original user's account. Critical Risks & Dangers
While these files are often sought after for "free" accounts, they are frequently used as bait in cyberattacks: Understanding Cookies.txt | Secure Your Website - Lenovo