The Edge SWG (ProxySG) stores web site information on data disks and memory.
Edge SWG (ProxySG) hard drives are not data encrypted.
There is no on-the-fly encryption done to the contents of the disks. SGOS is a proprietary operating system and does not have a file system. Because of this the contents of any hard drive cannot easily be read without proprietary, in-house tools only available to Broadcom internal employees. That is to say, the contents could be read, but reading the contents is unlikely.