RAM encryption doesn’t prevent DMA attacks and perofming a DMA attack is quite trivial as long as the machine is running. Secure enclaves do prevent those and they're a good solution. If implemented correctly, they have no downsides. I'm not referring to TPMs due to their inherent flaws; I’m talking about SoC crypto engines like those found in Apple’s M series or Intel's latest Panther Lake lineup. They prevent DMA attacks and side-channel vulnerabilities. True, I wouldn’t trust any secure enclave never to be breached – that’s an impossible promise to make even though it would require a nation-state level attack – but even this concern can be easily addressed by making the final encryption key depend on both software key derivation and the secret stored within the enclave.