MacBook Pro Security

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Is it possible to set a start-up BIOS password to prevent anyone from using my MacBook Pro in the event it was ever stolen?

 

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Would it be possible for someone to get round the system password?

 

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What's the best hard drive encryption app for the Mac?

You would think that with the MacBook / MacBook Pro being so expensive that apple would implement some sort of security measures to stop thieves from using your notebook if it was to get stolen.