How can I encrypt/password protect an external drive?

Luckily, given the influx of external hard drives including crapware, I have been graced with a 2 terabyte external HDD.

How can I easily password protect it?
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More about encrypt password protect external drive
  1. There is all kinds of 3rd party software that will do this. Just google it. If you have Win 7 Ultimate or Enterprise, you can use the built in bit-locker.
  2. Another great free program is Truecrypt
  3. Recommend StorageCrypt,
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