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What are the real risks of enabling 3rd party Google drive apps

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Last Modified: 2016-08-22
When granting approval of a google drive 3rd party app, what are the real risks?  I am quite security conscious for my personal drive and take all precautions as possible (two step verification etc) but still believe in being IT progressive.

When you approve an app, it gives the normal boiler plate warnings blah blah has access to all your files, life and will control the wife etc etc.  In reality, can they actually access your data on 4.30pm on a Sunday and snoop around?
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