Colab security and permissions

I am trying out this Colab thingamabob and I am getting this scary message:

What exactly can code running in Colab change in my Google account? How bad is it?


Lets say I send you a notebook via email and I say just run it. Now colab comes with very little data because the assumption is your data is on your Google drive. So if I create a pop up which says please enter your Google user and password then you are giving the notebook total access to your google drive.
If that is OK then click anyway.
If you know your Google drive only contains pictures of cats and dogs then all is well.
Otherwise take care,

Regards Conwyn

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