Dropbox says about 5,000 accounts compromised in August hack

Dropbox confirmed on Tuesday that approximately 5,000 user accounts were compromised during a security breach in August. Unauthorized parties gained access to the cloud-storage platform, where they were able to view and download stored user content. The company has begun notifying affected individuals via email.

Following the announcement, Dropbox shares experienced a decline of approximately 2.4% during extended trading sessions. The incident highlights ongoing security challenges within the cloud services sector.