Neil McAllister reports on The Register website that an audit of the TrueCrypt disk-encryption software has been completed and confirms that it is secure and there is no evidence of back-doors, or serious design flaws in its code.
Attention became focused on the ongoing audit of TrueCrypt after the anonymous developers of the software mysteriously abandoned its ongoing development in May 2014.
The potential loss of TrueCrypt was an issue for people who rely on encryption to protect their data such as Journalists. However, a number of other disk encryption systems are under development based on the TrueCrypt source code such as CipherShed and VeraCrypt.
The actual report on the audit of TrueCrypt can be found Here.