Dropbox hacked – 70 million stolen passwords


File hosting service, Dropbox has announced that it was hacked in 2012 and that the personal data of nearly 70 millions users was stolen. Data stolen includes the email addresses and passwords of 68.7 million account holders.

According to Dropbox, the credentials were stolen when hackers used stolen employee login details to access a document containing the passwords and email address of users. Dropbox head of trust and security says there is no indication that it’s user accounts have been improperly accessed. The company is asking users who signed up before the mid 2012 and have not changed their password since then to reset their passwords.

To tell if you are affected, all you need do is to sign into Dropbox account and see if the service prompts you to update your details. If the service prompts you to update your details, do so. A password reset would prevent hackers from accessing your Dropbox account.

To reset your password, sign into your account from the web, click your name at the top of the screen, then click Settings, click the Security tab. After that, click Forgot password, and enter the email address you used to create the account. Check your email inbox and click the link in the email received from Dropbox to reset your password. You can also visit Dropbox support page for details regarding resetting your password. It is also recommended to to reset other accounts using similar login details.

To add an extra layer of security, turn on two-step verification for your Dropbox account and any online account that offers the security measure. To do this, sign into your account from the web, click your name in the upper-right, followed by Settings, and click enable under the Two-step verification. From there, click Get Started and follow the on-screen instructions. For more details on two-step verification, the Dropbox support page will explain more.

The advantage of two-factor authentication is to add another authentication detail to your basic log-in process. In essence, your password is your single factor of authentication, but adding a second factor such as your your fingerprint or phone makes your account harder to hack. Using your phone, you will get code sent to your phone via SMS, and then you’ll need enter that code with your login credential when logging in.

Dropbox is a file hosting service operated by American company Dropbox, Inc., headquartered in San Francisco, California, that offers cloud storage, file synchronization, personal cloud, and client software. Dropbox allows users to create a special folder on their computers, which Dropbox then synchronizes so that it appears to be the same folder (with the same contents) regardless of which device is used to view it. Files placed in this folder are also accessible via the Dropbox website and mobile apps.

Dropbox was founded in 2007, by MIT students Drew Houston and Arash Ferdowsi, as a startup company from the American seed accelerator Y Combinator. Dropbox provides client software for the OS systems Linux, OS X, and Windows NT; for the mobile systems Android, BlackBerry OS, iOS, and Windows Phone; and for web browsers; as well as unofficial ports to MeeGo andSymbian.

Dropbox founder Houston conceived the Dropbox concept after repeatedly forgetting his USB flash drive while he was a student at MIT. He says that existing services at the time “suffered problems with Internet latency, large files, bugs, or just made me think too much.” He began making something for his personal use, but then realized that it could benefit others with the same problems. Houston founded Dropbox, Inc. in June 2007, and shortly thereafter secured seed funding from Y Combinator.

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