OneDrive for Business users are now able to share a link to Office documents that blocks recipients from downloading copies but still allows them to view the document in Office Online.
Users can create links that block download by using the common Sharing experience that exists across Office 365. By going into Link Settings they’ll be able to toggle the “block download” option for view-only links.
We’ve completed rollout for “anyone” and “people in my organization” links, and are working on enabling it for the remaining link types. “Specific people” links are enabled on web endpoints and we’re working on native clients.
We are working on bringing this same capability to other file types.
Thanks for the suggestion.Mike Gendreau commented
I am looking for this feature as well. Security team would like us to restrict sync for domain joined machines only. The fact that it only works on PCs is very frustrating.
How does Microsoft handle this? I'm sure they must have a workaround.