Organization plan: allow public links with password protection


I am an admin under an organization plan and cannot seem to find the setting to restrict external public links and enforce the password requirement. (second option in the attached image*)
Is this only available under the Enterprise plan?

image (2)

*image attached was provided by an admin under the Enterprise plan.

I received information from a Figma employee that this granular ability is reserved for the the Enterprise plan.

I have this with a professional plan.