PLEASE HELP - Failure reading the filesystems file (err=1)

Seems straight forward enough.  You tried to do something the company you work for doesn’t want you to do and got screwed.  But not laid off so able to buy a new drive and start over.

Basically when SecureAccess closed it tried to write the new encrypted file to the drive and couldn’t due to employer security.  SecureAccess now broken.  You gambled, you lost.  There is no fix.