The following is Tech Squad’s standpoint on encryption in the article from CTV.
http://calgary.ctv.ca/servlet/an/local/CTVNews/20101209/CGY_missing_computers_101209/20101209/
An excerpt from the article
“Ben Haack with Tech-Squad in northwest Calgary says encryption will prevent a thief from stealing financial information or people’s identities.
“If they manage to even pull the information off the hard drive, it’s scrambled,” he said. “It’s like the Germans in World War II with the enigma machines. That was an early form of encryption.”
Unless the thieves obtain the password to the digital key, they won’t be able to access this information.