Dropbox announced that it is now offering a single plan for Dropbox Pro at $9.99 per month for 1 TB of space. Previously, it would have cost $500 per year for half of that space. Now it will cost you about $120 for all of it.

They’ve also added some additional features including new sharing controls and safeguards for lost devices.

“Simple collaboration is one of the reasons people choose Dropbox Pro, but we’ve heard you ask for more ways to protect the stuff you share,” says Dropbox’s ChenLi Wang. “That’s why we’re bringing new sharing controls to Dropbox Pro.”

There are passwords and expirations for shared links as well as view-only permissions for shared folders.

“Remote wipe lets you delete your Dropbox files from a lost or stolen device while keeping them safely backed up in Dropbox,” explains Wang. “For example, if you’ve ever left your laptop on a plane, you’re not just worried about the laptop — you’re worried about the stuff that’s on it.

If you’re already using Dropbox Pro, you’ll be automatically upgraded within the next couple days.

Image via Dropbox