Apple was recently awarded an interesting new patent regarding a possible feature in OS X in which users could secure vital files in a ‘safe deposit box’ which would encrypt and hide the files from access as well as potentially uploading them to the cloud.
The patent describes a simple process in which users would be able to drag a particular file to a safe deposit icon that would then secure the file and also upload the secured file to the cloud. Users could then access any secured files that are in the safe deposit box by verifying their identity. Patently Apple suggests that it could either be included in Lion's Time Machine as an added feature or perhaps as a small 'pro' utility for those who want some extra security for their vital files and data.
One of the key attributes or selling points of Apple's Safe Deposit Box Application or OS X feature is that your digital valuables could be stored "off site" or beyond the home computer to safeguard your digital valuables which could be something like a Will or Living Will, agreements, life insurance policies, home insurance policies, a simple home inventory list or video or perhaps something that's really valuable to most every iTunes fan: a copy of your iTunes Library. [Extract from Patently Apple]