Why does it matter?
Since NSA has been snooping in our data without us knowing, decryption of SSL connections and tampering with established standards to make them vulnerable, there needs to be an audit to verify that encryption softwares are truly as secure as they should be. For this very purpose there needs to be an extensive audit of softwares like Truecrypt which is used by many people, including me to a certain extent, for storing sensitive information.
How would the 'audit' work?
- First step would be to resolve license status on the current (v. 7.1a) TrueCrypt source code (license v. 3.0 ) copyright & distribution, in order to create a verified, independent version control history repository (signed source and binary)
- Perform and document repeatable, deterministic builds of TC 7.1a from source code for current major operating systems: Windows 7, Mac Mac OS X (Lion 10.7 and Mountain Lion 10.8), Ubuntu 12.04 LTS and 13.04, RedHat 6.4, CentOS 6.4, Debian 7.1, Fedora 19
- Conduct a public cryptanalysis and security audit of version 7.1a
I wholly support this cause and hope everyone would help ensure we have trustworthy encryption available.
Contributions are not limited to monetary only but if you're an information security professional/expert/hobbyist then you can help identify bugs in the software.