When comparing Dropbox vs File Camouflage, the Slant community recommends File Camouflage for most people. In the question“What are the best ways to transmit sensitive information over the Internet?” File Camouflage is ranked 8th while Dropbox is ranked 18th. The most important reason people chose File Camouflage is:
File Camouflage allows you to encrypt your sensitive information and then after hide it in the JPEG image of your choice. With this program an innocent family photo or photo of your pet can be used to disguise your most sensitive encrypted information.
Specs
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Pros
Pro Easy to use
You can use Dropbox via website, by installing a desktop client that creates a folder that you simply drag and drop files into, or with their mobile app. Everything synchronizes across all devices used and cloud storage. And Dropbox offers easy methods of sharing whatever is within it.
Pro Cross-platform desktop and mobile
Dropbox is available on iOS, Android, BlackBerry, Windows, OS X and Linux. By having a client for so many OS's pretty much anyone is covered no matter what kind of device or OS they are using.
Pro Allows sharing a folder
Using a desktop client: right click on the folder you want to share and select Dropbox > Share This Folder, then enter the e-mail addressees of people you want to share the folder with.
Pro Smart updates to big files
If a small portion of the file is changed it sends/receives only the differences (not the whole file), which is fast and bandwidth-efficient.
Pro Allows sharing a single file via link
Whether using desktop client or web interface, simply right click on the file you want to share and select Dropbox > Share link, then send the link to the people you want to share the file with. The recipient does not require a Dropbox account.
Pro Up to 18GB of free storage space
Dropbox personal accounts start out free, with 2GB of space, but users can get extra space by recommending the site to friends, or taking part in events like "Dropquest", where users can win extra space by solving puzzles.

Pro Linux support
Dropbox offers native Linux support, integrates with Nautilus file manager.
Pro Reliable
Pro Desktop client has no file size limit
As long as you have enough storage available, you can upload files of any size using Dropbox desktop client.
Pro Folders can be downloaded compressed to save bandwidth
To save bandwidth and download speed you can choose to compress a folder into a zip archive for download.
Pro Adjustable bandwidth use
To not slow down the network or save traffic you can limit the upload and download speeds of Dropbox.
Pro Lots of addons and integrations
There are official and third-party Dropbox add-ons that extend the functionality of the service and add ease of use of existing features.
Additionally, Dropbox can be integrated with existing applications to bring its functionality to other apps.
Pro 30-day version control
Dropbox keeps deleted and earlier versions of files for a month.
Pro Instant disaster recovery
Your files always synced online means instant disaster recovery. When your hard drive becomes unbootable, pick up another laptop and just carry on with your life from where you last saved.
Pro Available free storage can be increased with referrals
You get extra free space for you and your friend if they sign up.
Pro Fast sync speed
Pro Hides file in JPEG image
File Camouflage allows you to encrypt your sensitive information and then after hide it in the JPEG image of your choice. With this program an innocent family photo or photo of your pet can be used to disguise your most sensitive encrypted information.
Pro Effective second level of protection
File Camouflage is an effective second level of protection. After encrypting and password protecting your sensitive information with AES, File Camouflage makes sure only your intended recipient knows there is even a file to decrypt by hiding it in a JPEG.
Pro Easy to use
Hiding your sensitive information with File Camouflage is extremely easy. The whole process is explained very well even for an inexperienced user.
Pro Free
Pro Ability to send an EXE file via email
Many email providers are not able to send EXE files but File Camouflage not only protects it but allows the file to be sent.
Cons
Con Too little free space
There is just too little of free space available comparing to the competition.

Con Not secure
They don't apply end-to-end encryption, files are visible to admins, governments, etc..
Con No privacy
Extensive collecting and distribution of user data to commercial third parties.
Con Consumes a lot of CPU resources when syncing many files
Con All-or-nothing (non-selective) upload
Uploading generated contents (cache, compiled code, etc.) is prone to conflicts, wastes bandwidth and free space.
Con Low bandwidth
Con Dropbox keeps deleting features, chasing customers away
For instance, all photo albums got deleted. It used to be very easy to share a couple og photos, now it's PAINFUL and must be done file by file.
Con Nocive development model
Takes a lot of decisions that usually damage community, from deleting features to making impossible to use with other filesystems than ext4 because they decided without a plausible reason (they said it was about xattrs, but all modern linux filesystems supports xattrs, so it's bs.)(they remove this later, but it's too late).
Con Problems when synching between Linux and Windows devices (unconfirmed)
This summer I lost thousands of files due to this problem on older projects which subsequently needed revising and had to be rebuilt as tons of the source was gone.
Con Restricted only to 3 devices for FREE accounts
Recently dropbox decreased the number of linked devices to 3, so you can't have more than 3 linked devices. This is problematic if you use Dropbox to sync between your computers.
Con Can unintentionally delete your files if you reinstall your OS without closing Dropbox
If you reinstall the operation system for your PC and you do not close Dropbox, it will delete all files.
Con Encourages improper use of steganography
To hide a file in an image you need two things:
One, that the attacker cannot find the source image i.e. it has to be an image made by the user (preferably a photograph of a visually complex scene) and never put on the internet (using the pac_tron image would render the use of steganography moot, as the attacker can merely subtract a suspect image from a copy of the source image) and
two, that the file to be hidden is smaller than the cover image. With the best techniques today you can embed a file about 10% of the size of the cover image. The example in the doc hides a file 21,500% of the size of the cover image.
If you use steganography improperly you get no security, esp. as governments believe senior terrorists use steganography and thus search for it very, very, carefully.
Con Frequently prompts you to donate
File Camouflage is free although the developer does proclaim it "donationware." As a result the program frequently and annoyingly begs that you donate.
Con Requires both sender and recipient to use File Camouflage
In order for the recipient to receive the intended information they have to download and use File Camouflage.
