SSR 2013 Password Protection

I have been evaluating a trial version and have created some password protected and encrypted backups.

 

If I double-click one of the .v2i files, I'm prompted to enter the password (as expected).

 

However, if I double-click the .sv21 file, the SSR 2013 Granular Restore Option window opens and I am able to recover the password protected and encrypted files WITHOUT being prompted for a password!!!

 

This is VERY disturbing! Can someone explain this?

 

Alan