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VisitDropbox stock price drop >10% by June 1?
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Dropbox Reports Breach in Digital-Signature Product, No Core Data Compromised
May 1, 2024, 09:28 PM
Dropbox has reported a cybersecurity incident involving its digital-signature product, Dropbox Sign. The breach, confirmed by the company, allowed hackers to access user emails, usernames, settings, hashed passwords, phone numbers, and key authentication details. However, Dropbox has assured that no core user content or payment information was compromised. The company has filed an 8-K with the SEC detailing the incident and stated that the breach is unlikely to have a material impact on its operations.
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