File Storage Security Updates

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Microsoft's OneDrive Personal Vault is a Safeguard to the System

Microsoft has stated that OneDrive Personal Vault will act as additional security to its file storing system, OneDive. This means access to files will require a strong authentication or a two-step verification process. Two-step verification can consist of a fingerprint, facial recognition or a PIN code form a device compatible with Windows Hello.

Personal Vault features will be available to users on the Internet, through Windows 10 as well as through Microsoft apps soon. Early releases are coming to Australia, New Zealand, and Canada, following this Personal Vault access will extend to all OneDrive users.

The company has made other moves to attract users to its OneDrive system. This includes increasing its $1.99 a month storage plan from 50GB to 100GB. Microsoft is also allowing users to access OneDrive Personal Vault for free, however, the free version will have a limited number of files that can be saved.
Trend Themes
1. Enhanced File Storage Security - The implementation of strong authentication and two-step verification processes in file storage systems presents an opportunity for companies to develop innovative security solutions.
2. Biometric Authentication for File Access - The use of fingerprint and facial recognition technology in file storage systems opens up avenues for disruptive innovation in biometric authentication solutions.
3. Expanded Storage Plans - The expansion of storage plans in file storage systems allows for disruptive innovation in providing more storage capacity at competitive prices.
Industry Implications
1. Cybersecurity - The enhanced file storage security trend presents opportunities for cybersecurity companies to develop advanced encryption and access control solutions.
2. Biometric Technology - The trend of biometric authentication for file access creates opportunities for biometric technology companies to develop innovative hardware and software solutions.
3. Cloud Storage - The expanded storage plans trend offers opportunities for cloud storage providers to offer larger storage capacities to attract more customers.

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