Here’s the Deal
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When comparing Hidden Disk vs CipherShed, the Slant community recommends Hidden Disk for most people. In the question“What are the best file encryption tools?” Hidden Disk is ranked 16th while CipherShed is ranked 18th.
Specs
PlatformsWindows
No specs yet!
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Common Questions
Pros
Pro No need to encrypt an entire disk
Pro Free version
A free, limited version is available.
Pro Built on top of TrueCrypt
CipherShed is built on top of the famous and now abandoned TrueCrypt and it comes with a lot of things that TrueCrypt had.
Pro Completely free
CipherShed is completely free and open source.
Pro Cross-platform
Available on Windows, OS X and Linux
Cons
No cons yet!
Con Difficult to enhance key derivation
Since CipherShed decided to keep the TrueCrypt compatibility, and stick with that format they also have to stick with TrueCrypt's key derivation which was released in 2004 and understandably does not offer the same security that it did when first released.