A new security audit the TrueCrypt software has revealed that the popular application is safer than previous examinations suggest. A group of Ten auditors from the Fraunhofer Institute for Secure Information Technology has conducted a six-month audit of TrueCrypt under contract from the German Government. The researchers have expressed a positive opinion of the popular freeware utility used for on-the-fly encryption (OTFE) The experts evaluated the software not optimal but still effective under specific circumstances. TrueCrypt is not resilient to attacks in which the attackers have privileged access to a running system.”]
Source: http://securityaffairs.co/wordpress/42200/hacking/truecrypt-new-audit.html