"Everyone except external users" groups is now part of all shared files and folders

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We've noticed over the last couple of days that every file or folder that is shared in OneDrive for Business now includes the "Everyone except external users" in the sharing profile. Looking at the advanced settings reveals that everyone does indeed have Limited Access, which I assume really only gives them the ability to navigate to the file, and not access to the content itself. I'm questioning if this is something new? I don't recall seeing this before and we are already starting to get calls from panicked users worried their sensitive information is being shared with everyone in company.

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Yet another example of a change that *should have* been communicated well in advance to avoid confusion. Not that I have any idea what the entry actually is for, as you mentioned it doesnt seem to actually grant any scary permissions :)