SanDisk Cruzer Enterprise USB flash drives validate passwords with a program running on the host computer rather than the device hardware, which allows physically proximate attackers to access the cleartext drive contents via a modified program.
https://www.ironkey.com/usb-flash-drive-flaw-exposed
https://exchange.xforce.ibmcloud.com/vulnerabilities/55475
http://www.vupen.com/english/advisories/2010/0078
http://www.syss.de/index.php?id=108&tx_ttnews%5Btt_news%5D=528&cHash=8d16fa63d9
http://www.securityfocus.com/bid/37677
http://securitytracker.com/id?1023408