![]() By Dhirendra Tripathi Investing Dropbox (NASDAQ:DBX) shares rose more than 5 Wednesday. This weeks stories: Major security exploits expected to. Wall Street analysts and Seeking Alpha authors both have a buy rating on Dropbox's ( DBX) stock, while Seeking Alpha's quant system, which regularly outperforms the stock market, has a hold rating on Dropbox's ( DBX) shares. This page features the latest news about the Dropbox share. Welcome to IT Pros News in Review, a weekly bite-sized bulletin of the top tech stories of the week, for the week ending 26 August, 2022.The company’s cloud storage section was investigated and researchers noted that a dropbox phishing scam had indeed taken place. ![]() You can still keep your account the way you already have it. Its just an email to notify you about some upcoming product updates, but no actions are required. Along with more than 30% free cash flow margins and the ability to return capital to its investors, Funk said Dropbox ( DBX) "has a large existing user base" that sets it up in strong position in a total addressable market worth $16.6B. What happened The dropbox phishing incident first appeared on October 13 when Microsofts GitHub detected doubtful behavior on the company’s corporate account and reported it the very next day. No need to worry, this is indeed a legit Dropbox email, as it is coming from an official Dropbox domain. Funk said that Dropbox ( DBX) isn't a "sexy, high growth" software stock, but that's not necessarily a negative for the company.Funk also set a $34-a-share price target on Dropbox's ( DBX) stock and said the company's shares are "attractive" due to the company's free cash flow generation and ability to deliver "potential incremental returns" to its shareholders. Stay informed and read the latest news today from The Associated Press, the definitive.In this breach, a threat actor stole 130. This October, Dropbox Capture is moving out of beta, plus were giving everyone more recording time for free. The security breach is not an immediate threat to user Dropbox accounts, but did reportedly provide the attackers. Dropbox ( NASDAQ: DBX) shares climbed more than 3% Tuesday as Bank of America analyst Michael Funk initiated his coverage of the cloud-storage company with a buy rating, due in part to its "free cash flow flywheel." It has been announced that Dropbox, the popular file-sharing and collaboration platform, has suffered a data breach. With new updates come complimentary perks for you. A phishing campaign aimed at Dropbox employees has led to compromise of 130 of the company’s GitHub repositories, as the attacker peppered staff with emails leading to fake login pages and eventually managed to get one to bite.Hocus-focus/iStock Unreleased via Getty Images ![]()
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