Sensitive data in stacktrace

Let’s say we have a module like

defmodule Foo do
  @salt Application.get_env(:foo, :salt, [])
  def hash(password) do
    try do
      {:ok, md5(password, @salt)}
    rescue 
      e -> {:error, {e, __STACKTRACE__}}
    end
  end
  defp md5(password, salt = [_ | _]) do
    Enum.reduce(salt, password, &:erlang.md5(&2<>&1))
  end
end

And when we call &hash/1 function it returns error

iex(19)> Foo.hash "123"
{:error,
 {%FunctionClauseError{
    args: nil,
    arity: 2,
    clauses: nil,
    function: :md5,
    kind: nil,
    module: Foo
  },
  [
    {Foo, :md5, ["123", []], [file: 'iex', line: 27]},
    {Foo, :hash, 1, [file: 'iex', line: 22]},
    {:erl_eval, :do_apply, 6, [file: 'erl_eval.erl', line: 677]},
    {:elixir, :eval_forms, 4, [file: 'src/elixir.erl', line: 265]},
    {IEx.Evaluator, :handle_eval, 5, [file: 'lib/iex/evaluator.ex', line: 249]},
    {IEx.Evaluator, :do_eval, 3, [file: 'lib/iex/evaluator.ex', line: 229]},
    {IEx.Evaluator, :eval, 3, [file: 'lib/iex/evaluator.ex', line: 207]},
    {IEx.Evaluator, :loop, 1, [file: 'lib/iex/evaluator.ex', line: 94]}
  ]}}

And we want to put this stacktrace to Logger (let’s say for easier debugging)
But we see, what stacktrace can contain sensitive data (in example is password = “123”)
Of course we can remove all arguments from stacktrace manually, but in most cases arguments are useful
Maybe there is already implemented solution to remove some arguments of some functions from stacktrace by marking them in module definition somehow?

It would be nice to say somehow that n-th argument of foo function in module Bar is sensitive and should be excluded from stacktrace