Securing an external SSD

I’ve got a new Samsung SSD (external) to store old data on. Can someone help me with the best way to encrypt and secure/password protect it please?

A bit more info: I’ve tried using the Disk Utility method (Encrypt and protect a storage device with a password in Disk Utility on Mac – Apple Support (UK)) but I don’t get the option to choose the scheme as shown below:

CleanShot 2024-09-09 at 12.04.52

I just get this:

I also don’t get the option to encrypt in Finder if I use control and click on the drive in the sidebar.

I believe encryption is not available in ExFAT filesystems, have you tried formatting it with APFS format? (also consider that you would not be able to read it on a Windows or Linux machine)

The only file format options I get in Disk Utility are:

I’m not worried about only using on macOS.

View > Show all devices (Disk Utility shows only volumes by default), delete the current exFAT partition, and create an APFS container on the device first (you can then have a single APFS volume or multiple volumes within the container).

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May I also add, when formatting with APFS, you can choose to have it encrypted which will require you to generate a password. This will resolve your initial request of encryption and password utilization.

Thanks both. That worked.