Not sure if I misunderstand how this is supposed to work or not? But it seems like I don't need a password to get back into my files, even after a reboot!
I get you might not want to lock this on time or screen lock because of file encryption and potential file corruption of an open file, but a reboot really ought to flush the permission down the drain. I was even able to get into the settings. I know your documentation says if the endpoint is compromised that a lot could leak, but a hacker shouldn't need to walk up to my PC and just reboot it.
That said, I did enable the password checkbox, and it doesn't seem to stick. I enabled the PIN and that took, but even though the password was full checked it still didn't request it. That is worrisome if the above is connected to that.