Every single time I install an new storage device, I'm faced with the same impossible task: how to determine what is the most secure encryption algorithm/settings?
Over the years, I have basically just picked a random one out of the choices, and it never "feels good". I just want the most secure one. It worries me that the list never seems to change. For example, the default, AES, talks about "1998" and "USA government", which doesn't exactly instill confidence. But I don't know anything about all the others (or about AES for that matter) and I cannot imagine that many users do, to any meaningful extent.
And doesn't this mean that if I picked a bad one X years ago, somebody who steals my hardware could break that and, through it, bypass the security of all the other redundant backup disks which use stronger encryption because I had no idea which to pick and thus had no "favourite", but rather picked a random one each time based on "gut feeling"?