Securing an external (flash/usb) drive in mac OS X

Being the typical nerd that I am, I tend to have several different Thumb drives and some of them have confidential data on them. I try to never loose them but let’s face it, sometimes those little critters just get lost. The question is do you really want the data you keep on those drives out in the hands of the general public? I have a few different drives. A few I just use to throw junk on and transfer between computers, but I do have drives that I keep confidential data on that I use as a backup from my computer. So I faced the issue of if that drive came up missing not freaking out that my data is in the hands of someone who might use it maliciously.

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