diff --git a/PENDING.md b/PENDING.md
index 6891c075da..33c265195b 100644
--- a/PENDING.md
+++ b/PENDING.md
@@ -11,6 +11,8 @@ BREAKING CHANGES
 
 * Gaia
  - [#128](https://github.com/tendermint/devops/issues/128) Updated CircleCI job to trigger website build on every push to master/develop.
+ - [\#2994](https://github.com/cosmos/cosmos-sdk/pull/2994) Change wrong-password error message.
+
 * SDK
  - [auth] \#2952 Signatures are no longer serialized on chain with the account number and sequence number
 
diff --git a/crypto/keys/keyerror/errors.go b/crypto/keys/keyerror/errors.go
index 1042689e38..5b3a9a7b1f 100644
--- a/crypto/keys/keyerror/errors.go
+++ b/crypto/keys/keyerror/errors.go
@@ -57,7 +57,7 @@ func (e errWrongPassword) Code() int {
 }
 
 func (e errWrongPassword) Error() string {
-	return fmt.Sprintf("Ciphertext decryption failed")
+	return "invalid account password"
 }
 
 // NewErrWrongPassword returns a standardized error reflecting that the specified password is wrong