Dropbox officially launches its own password manager and a secure vault for your files

From The Verge: Dropbox is launching a bunch of new features today, many of which are security-focused, including the password manager that was first spotted earlier this month; a “vault” within your files intended for storing documents like birth certificates; and a new way to backup your computer to your Dropbox account.

The password manager, called Dropbox Passwords, lets you store your passwords in one place like you would with a dedicated password manager like 1Password or LastPass but using your Dropbox account credentials. The release of Dropbox Passwords follows Dropbox’s acquisition of password manager Valt last year.

Part of the reason the company built a native password management feature is because it observed that password management is “one of the dominant use cases for Dropbox today,” Dropbox product chief Timothy Young tells The Verge in an interview. People not only use Dropbox for storing and managing their passwords — hopefully not in plaintext? — but also syncing their existing password manager with Dropbox, Young said.

Dropbox is also launching Dropbox Vault, designed to be a secure place in your Dropbox account to keep sensitive documents. You can secure your vault with a six-digit PIN, and Dropbox says files will be encrypted when they’re uploaded, downloaded, and while they’re stored on Dropbox’s servers. And if you need to selectively share access to your Dropbox Vault in an emergency, you’ll be able to do that without opening up your whole account, according to the company.

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