Box Drive for Mac Still Not Working Properly With macOS Big Sur and M1 Macs

Nearly three months after Apple publicly released macOS Big Sur, a growing number of users have expressed frustration that the Box Drive app is still experiencing issues on the latest version of the operating system. Many users rely on Box as a cloud storage provider, similar to iCloud, Dropbox, Microsoft OneDrive, and Google Drive.
On both Intel-based and M1-based Macs, users have reported receiving the following error message after attempting to open the Box Drive app: "Box Drive's system exte