From MacWorld.com, "Online storage service Dropbox accidentally turned off password authentication for its 25 million users for four hours on Monday" They assert that less then 1% of their users were active at the time. Dropbox is a great utility for storing and sharing files remotely. You have a local copy of the file, and it is pushed to the cloud. Any other devices connected to that account, gets the file from the cloud automatically. Even with the privacy issue that was accressed, I use the service all the time. However, if you are storing sensitive files, it is always a good idea to ensure they are encrypted, no matter where they are stored.
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