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I'm not an expert but why would a sufficiently sophisticated attacker not be able to extract the key from SME/TME type hardware protections? I'm thinking about government type attackers who can do extremely sophisticated things to hardware in a lab, not hobby type people.

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You've got to actually get the hardware to a lab.

And then put it through some type of process without losing state: the question is very much, how? There aren't a lot of options here.

More over you're doing the classic thing of basically worrying about the super-soohosticated scifi attack: but the government doesn't have better technology then universities can produce, they just have good coordination: and a much better use of that is just to socially engineer the password out of the target.

The tool that they use to transport it to the lab is pretty slick.

https://wamatek.com/products/cru-hotplug-field-kit-110v

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