1. A method for authorizing a sensitive database operation, the method comprising: receiving a request to perform a sensitive database operation which can involve changing a password of a user; determining a multiparty authorization requirement for the sensitive database operation, wherein the multiparty authorization requirement specifies a set of approvals required for authorizing the sensitive database operation; sending approval requests to one or more approving parties based on the multiparty authorization requirement; receiving approvals for authorizing the sensitive database operation; determining whether the approvals satisfy the multiparty authorization requirement; and if the approvals satisfy the multiparty authorization requirement, authorizing the sensitive database operation, thereby allowing a database system to perform the sensitive database operation.