lee1 writes “Dropbox faces a possible FTC investigation because of misleading statements it has made about the privacy and security of its 25 million users’ files. The cloud storage company previously claimed that it was impossible for its employees to access file contents, but in fact, as the encryption keys are in their possession, this is false. The complaint (PDF) points out that their false security claims gave Dropbox a competitive advantage over other firms offering similar services who actually did provide secure encryption.”

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Dropbox Accused of Lying About Security