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Adorama offers the Western Digital 2TB My Book Essential USB 3.0 External Hard Drive, model no. WDBACW0020HBK-NESN, for $94.95 with free shipping ($0.05/GB). That's $15 under our October mention and the lowest total price we could find by $5. It features password protection with hardware encryption.
Note that this item is currently backordered, but can still be ordered at this price for delivery when available.
Western Digital My Book Essential (WDBACW0020HBK) 2 TB USB Hard Drive is also available at these stores