Would it be beneficial to try to decrypt using PGPWDE command line interface?
Please be aware that this virtual disk seems to decrypt without error on the Mac: There is no overt error message after entering the passphrase, and after passphrase entry, MacOS's Disk Utility shows an image for the pgp virtual disk (named 'PGP Corporation ... "), with an assigned disk#, but the encrypted volume does not mount.
It seems to me that the master boot record is corrupted on the pgp virtual disk. This may have been a common problem among pgp users when the Mac's file copy function/dialog freezes while writing to a pgp virtual disk, with no way to unmount the drive prior to rebooting the Mac. This phenomenon is perhaps why the command line tool, (with some extra decrypt options?) was included in PGPWDE?
MBR corruption is listed here:
https://support.symantec.com/en_US/article.TECH149679.html
as a possible incentive to decrypt at the command line, but I am not clear on all the options it provides.
Thanks, Paul