How can I detect if a user changes their password?

I would like to track when a user changes their password. Is there a way to detect when a password has been changed?

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WordPress sends an email to the admin’s email when a user resets their password.

To get a notification when a user changes their password you could hook into the profile_update action which is fired when a user’s profile is updated.

When the action is fired WordPress has already validated and updated the user’s details we only need to check if the user submitted a password with the request, if it was submitted then the user’s password has changed.

function my_profile_update( $user_id ) {
    if ( ! isset( $_POST['pass1'] ) || '' == $_POST['pass1'] ) {
        return;
    }

    // password changed...
}
add_action( 'profile_update', 'my_profile_update' );