Thursday☕️

Trending:
- Oregon Drug Laws
- PandaBuy Cyberattack
Markets:
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- Yesterday’s commodity market:

- Yesterday’s crypto market:

Oregon Drug Laws:
- Four years after Oregon made headlines by decriminalizing the possession of hard drugs, the state has reversed its stance. Oregon's initial move to decriminalize the possession of hard drugs in 2020 was seen as a progressive step towards addressing substance abuse more as a health issue than a criminal one. Measure 110 aimed to redirect people from the criminal justice system into treatment and health services by decriminalizing small amounts of hard drugs.
- The decision was part of a broader trend seeking alternatives to incarceration for drug possession, reflecting a shift towards harm reduction strategies. However, the aftermath of this policy change saw unintended consequences. Oregon experienced a significant surge in drug overdoses, outpacing the national average, and issues like homelessness and crime became more pronounced. These developments prompted a reevaluation of the decriminalization policy among lawmakers and the public alike.
- The increasing social and health challenges led to calls for a reconsideration of the approach to drug possession and its impacts on community safety and health. Responding to these concerns, Oregon's government took action to address the growing crisis by signing a new law that reintroduces criminal penalties for drug possession. Starting in September, those found in possession of hard drugs could face up to 180 days in jail, marking a significant shift back towards criminalization as a means to curb drug abuse and its associated problems.
PandaBuy Cyberattack:
- Over 1.3 million customer records from PandaBuy, an online shopping service that facilitates international purchases from Chinese e-commerce platforms like Tmall, Taobao, and JD.com, have been compromised. The breach was publicly claimed by a hacker known as Sanggiero, who stated they worked with another hacker named IntelBoker to exploit critical vulnerabilities in PandaBuy's systems.
- The hackers reportedly gained access by exploiting flaws in the platform's API and other system vulnerabilities, leading to the theft of extensive customer data. This data includes unique user IDs, full names, phone numbers, email addresses, login IPs, order details, home addresses, and more. The breach's scope was confirmed by Have I Been Pwned, revealing that 1,348,407 accounts were affected.
- The stolen customer information has since been leaked on a forum, accessible to any member willing to pay a small fee in cryptocurrency. To verify the authenticity of the data for those unsure about purchasing, the hacker provided samples including email addresses, customer names, order details, and transaction information. Although PandaBuy has yet to comment on the incident, there are reports of the company attempting to suppress information about the breach on social media platforms
Statistic:
- Largest cybersecurity companies by market cap:
- 🇺🇸Palo Alto Networks: $87.08B
- 🇺🇸CrowdStrike: $77.40B
- 🇺🇸Fortinet: $54.41B
- 🇺🇸Cloudflare: $31.96B
- 🇺🇸Zscaler: $27.92B
- 🇮🇱Check Point Software: $19.21B
- 🇺🇸Leidos: $17.41B
- 🇺🇸Okta: $17.10B
- 🇺🇸Akamai: $16.45B
- 🇺🇸Gen Digital: $14.05B
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