Possible Duplicate:
Time Machine + FileVault on Lion or Mountain
During a Time Machine backup, is the backed up data at any time unencrypted?
- If yes: can I disable that at the cost, perhaps, of time/space?
- If no: why does the system say "Encryping..." when I stop a running backup before returning the Time Machine state to "waiting for next backup"?

diskutil cs list | egrep -i "size|status"will show how much of the drive is currently encrypted as well as the conversion status. – bmike♦ Oct 2 '12 at 23:52