+If this option is set to @code{on}, the image is encrypted with 128-bit AES-CBC.
+
+The use of encryption in qcow and qcow2 images is considered to be flawed by
+modern cryptography standards, suffering from a number of design problems:
+
+@itemize @minus
+@item The AES-CBC cipher is used with predictable initialization vectors based
+on the sector number. This makes it vulnerable to chosen plaintext attacks
+which can reveal the existence of encrypted data.
+@item The user passphrase is directly used as the encryption key. A poorly
+chosen or short passphrase will compromise the security of the encryption.
+@item In the event of the passphrase being compromised there is no way to
+change the passphrase to protect data in any qcow images. The files must
+be cloned, using a different encryption passphrase in the new file. The
+original file must then be securely erased using a program like shred,
+though even this is ineffective with many modern storage technologies.
+@end itemize