How do i perform a password reset on a sandisk v3.02?

You can't, the password is encrypted.

How do I reset my SanDisk Cruzer password?
There is no "forgot password" option to reset the password. If the password cannot be remembered, the files on the drive are not accessible. SanDisk Technical Support cannot provide a new password or alternative method to access encrypted data. The drive can still be used and reformatted by clicking the Erase button.
Sep 14, 2022

Steps to Resolve SanDisk Security Invalid Password or Forgotten ...

you can try this
usb drive recovery software

if that doesn't work, you probably will have to reset your pass and lose your files, sorry to be the bearer of bad news.

Use the forgot password option on the SanDisk log in page, you should have provided a question hint when you originally set up the password.

HRDP password reset instructions Compatible Flash drives: SanDisk Cruzer Talent Flash Corsair Voyager Lexar Traveler Kingston Formatted to FAT32 (flashdrive) Plug in flashdrive to pc.. Select my computer. Right Click on flash drive from my computer select format. select FAT32 Copy and paste file to URL www.fusiondvrsupport.com/files/embedded/HRDP_dvr_install_2.5.7.50-3.0.0.60.zip DL File to desk top. Unzip file and copy and paste files only to the flashdrive. Do not move folder only files. Shut down HRDP. Plug in flashdrive. Power up HRDP. Update will perform which will default password.

It doesn't look like this is possible. For your protection, SanDisk did not build in a backdoor or reset feature in the device.

Please see SanDisk's official statement on this feature:
http://kb.sandisk.com/app/answers/detail/a_id/191/~/u3-launchpad-password-feature

Each U3 smart drive comes with a pre-defined number of login attempts. When you have only 3 attempts remaining, you will receive a warning message to prevent losing your data unnecessarily.
SanDisk does not have any method to bypass the password security feature on Cruzer U3 flash drives. SanDisk has not built in any back door or password reset methods. If the password feature is enabled and you exceed the number of incorrect password attempts, the drive will lock. Once the drive is locked there is no way to unlock the drive or gain access to the data stored on the device. You can only select the format feature, which will perform a secure erase (drive wipe) and data recovery will NOT be possible. U3 Cruzer flash drives which are password protected use 128bit AES encryption for data security

http://kb.sandisk.com/app/answers/detail/a_id/191

If your cruzer came with U3 then you are in luck. U3 can be set with a password that requires login before any data can be accessed. Just be sure you don't forget the password because it will have to be erased to reset it.
It can be downloaded from here.

1. Hold down the Power/Reset button for about 15 seconds to perform a normal reset.

2. Let the battery drain all the way so it will power off. If that doesn't work, then try to flash the firmware that's available from Sansa's website.

�� Reset All
NOTE: THIS IS AN ADVANCED OPERATION AND RESTORES ALL SETTINGS
TO THE FACTORY DEFAULTS. NORMAL USERS ARE NOT RECOMMENDED
TO PERFORM THIS OPERATION!
If your device freezes up press the Menu button and hold for 15 seconds.
This is like a power down of the device. Once you perform the reset, the adjustments you made during last operation
will be gone.

PASSWORD