What is the TPM Owner password and why does the setup wizard require it?
The TPM Owner password is an administrator password that is required to start using the TPM security chip (it is created during a process called Take Ownership). The Trusted Computing Group (TCG) specifications require this password to be provided when creating a new location to store archived TPM keys. The TPM Owner password is only required when initially setting up the archive location to the EMBASSY Key Management Server or when creating an archive in a new location. It is not required for each backup operation and is not required for a restore operation.