Dropbox Acquires Boxcryptor Assets To Bring Zero-Knowledge Encryption To File Storage

An anonymous reader quotes a report from TechCrunch: Dropbox has announced plans to bring end-to-end encryption to its business users, and it's doing so through acquiring "key assets" from Germany-based cloud security company Boxcryptor. Terms of the deal were not disclosed. Dropbox is well-known for its cloud-based file back-up and sharing services, and while it does offer encryption for files moving between its servers and the destination, Dropbox itself has access to the keys and can technically view any content passing through. What Boxcryptor brings to the table is an extra layer of security via so-called "zero knowledge" encryption on the client side, giving the user full control over who is allowed to decrypt their data. For many people, such as consumers storing family photos or music files, this level of privacy might not be a major priority. But for SMEs and enterprises, end-to-end encryption is a big deal as it ensures that no intermediary can access their confidential documents stored in the cloud -- it's encrypted before it even arrives. Moving forward, Dropbox said that it plans to bake Boxcryptor's features natively into Dropbox for business users. "In a blog post published today, Boxcryptor founders Andrea Pfundmeier and Robert Freudenreich say that their 'new mission' will be to embed Boxcryptor's technology into Dropbox," adds TechCrunch. "And after today, nobody will be able to create an account or buy any licenses from Boxcryptor -- it's effectively closing to new customers." "But there are reasons why the news is being packaged the way it has. The company is continuing to support existing customers through the duration of their current contracts."

Read more of this story at Slashdot.