+@item
+Initialization vectors used to encrypt sectors are based on the
+guest virtual sector number, instead of the host physical sector. When
+a disk image has multiple internal snapshots this means that data in
+multiple physical sectors is encrypted with the same initialization
+vector. With the CBC mode, this opens the possibility of watermarking
+attacks if the attack can collect multiple sectors encrypted with the
+same IV and some predictable data. Having multiple qcow2 images with
+the same passphrase also exposes this weakness since the passphrase
+is directly used as the key.