We've recommended Dropbox to our readers more times than we can count, but with good reason. Recent security issues aside, its still the best file storage / sharing service in town, and that doesn't appear to be changing anytime soon. Dropbox has always had a very robust and flexible set of third party API's, but on Friday the company announced these would be expanding to offer not just more flexibility, but improved security as well.�
Its great to see Dropbox finally taking security seriously, but they are still missing a few critical features that prevent us from recommending it as a solution for your sensitive data. Multi-factor authentication and client side encryption aren't just nice to have features for cloud storage these days, its critical for anything you'd like to keep private. Dropbox has openly admitted that each file is scanned and checked against their database for duplicates prior to uploading, and a copy of your encryption key is kept on-hand as a result. This doesn't mean someone at Dropbox HQ is sitting around sifting...
Source:
http://www.maximumpc.com/article/news/dropbox_improves_third_party_api’s_and_beefs_security
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