The error indicates that you Betfair account has been locked.
Once you've received this error you must undergo password recovery to reactivate via https://identitysso.betfair.com/view/recoverpassword
Once you've update your password via the above process, you should be able to login to your Betfair account successfully.
Please note: Before updating your password please ensure that you stop any existing automated log-in process that runs using your old password. This can cause an infinite loop of INVALID_PASSWORD attempts and unless stopped will result in your account being locked out again due to too many incorrect password attempts.
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