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The development of TrueCrypt, an open source piece of software used for on-the-fly encryption, has been terminated and users have been advised not to use it because it is not secure enough. Now, it seems that another team of developers have forked the software and rebased it in Switzerland.
The abrupt announcement on the demise of TrueCrypt took everyone by surprise and some of its users have been disappointed that their favorite software is no longer being developed. The Sourceforge website, where the project was keeping their files, is now plastered with warnings that TrueCrypt is no longer secure because is full of security issues.
So, TrueCrypt has now been rebased in Switzerland and the project has been forked by another team of developers. They are promising that the security problems will be fixed and that no one will be able to force them to close the gates.
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