For most people hearing that the TrueCrypt encryption software has potentially gone end-of-life in a hurry will be a non-event. For those who are concerned with IT security it’s a whole other issue and is a big worry. It’s still very unclear whether this is some form of hoax.
I’d agree with other commentators and not panic. We’ll get more information shortly and if it’s true then it’s time to look at the many migration options. My instinct is that it’s a hoax, but other signs suggest it’s not.
There’s more information here if you want to dig deeper:
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