Tuesday☕️

Tuesday☕️

Trending:

  • Dropbox Cyberattack
  • Tesla Fires Supercharger Team

Markets:

  • Yesterday’s U.S. stock market:
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  • Yesterday’s commodity market:
TradingView @7:56 PM EST
  • Yesterday’s crypto market:
TradingView @7:56 PM EST

Dropbox Cyberattack:

  • Dropbox has reported a security breach involving its Dropbox Sign eSignature platform (formerly known as HelloSign), which occurred when hackers infiltrated its production systems. Detected on April 24, the breach allowed unauthorized access to a variety of sensitive data including authentication tokens, multi-factor authentication (MFA) keys, hashed passwords, and customer information such as emails, usernames, and phone numbers.
  • The hackers were able to breach Dropbox Sign’s systems by gaining access to an automated system configuration tool used within the platform’s backend services. This tool provided the attackers with the ability to execute applications and services with elevated privileges, subsequently allowing them to access the customer database. The exposed data includes general account settings, API keys, OAuth tokens, and hashed passwords. Additionally, for users who interacted with the eSignature platform without registering an account, their email addresses and names were also compromised.
  • Fortunately, Dropbox confirmed that there was no evidence of the attackers accessing customers' documents or agreements, nor were other Dropbox services affected by this incident. In response to the breach, Dropbox took several immediate security measures. They reset all user passwords, logged out all sessions associated with Dropbox Sign, and imposed restrictions on how API keys can be used until customers rotate them. The company has issued a security advisory providing guidance on how to rotate API keys to restore full privileges.
  • Dropbox is also advising customers to reconfigure MFA by deleting the old configuration from their authenticator apps and setting up a new MFA key from the website. They are actively notifying all affected customers via email and urging them to be vigilant for potential phishing attacks that may leverage the stolen data to solicit sensitive information, such as plaintext passwords. Dropbox recommends that customers should directly visit the Dropbox Sign site to reset their passwords, rather than clicking on links in emails.

Tesla Fires Supercharger Team:

  • Recently, Tesla fired its entire Supercharger team, leading to significant disruptions in its charging infrastructure plans, including halting new Supercharger installations. This decision was communicated through an email to suppliers, which has since been leaked, revealing the challenges following the dismissals. The email outlines Tesla's immediate halts in new construction and payment delays, raising concerns among suppliers and contractors.
  • In the leaked email, Tesla describes undergoing a "sudden and thorough restructuring" within its Supercharger organization, which includes setting up new leadership roles and optimizing operational processes. Suppliers were asked for patience during this transition, which involves delays in continuing projects and processing payments. Specifically, the email instructed suppliers to pause any new construction starts and pre-construction activities, though it noted that ongoing construction at existing Supercharger sites should continue.

Statistic:

  • Largest Automakers by market cap:
  1. 🇺🇸 Tesla: $589.23B
  2. 🇯🇵 Toyota: $317.45B
  3. 🇨🇳 BYD: $90.13B
  4. 🇩🇪 Mercedes-Benz: $83.89B
  5. 🇩🇪 Porsche: $83.11B
  6. 🇮🇹 Ferrari: $77.10B
  7. 🇩🇪 BMW: $70.86B
  8. 🇩🇪 Volkswagen: $69.08B
  9. 🇳🇱 Stellantis: $65.42B
  10. 🇨🇳 Xiaomi: $57.76B
  11. 🇯🇵 Honda: $56.19B
  12. 🇺🇸 General Motors: $51.41B
  13. 🇺🇸 Ford: $49.67B
  14. 🇮🇳 Maruti Suzuki India: $46.35B
  15. 🇮🇳 Tata Motors: $43.58B
  16. 🇰🇷 Hyundai: $42.92B
  17. 🇰🇷 Kia: $33.41B
  18. 🇮🇳 Mahindra & Mahindra: $31.27B
  19. 🇨🇳 Li Auto: $29.94B
  20. 🇨🇳 Great Wall Motors: $26.45B
  21. 🇨🇳 SAIC Motor: $23.35B
  22. 🇯🇵 Suzuki Motor: $22.54B
  23. 🇸🇪 Volvo Car: $18.92B
  24. 🇨🇳 Seres Group: $18.19B
  25. 🇨🇳 Chongqing Changan: $17.38B
  26. 🇯🇵 Subaru: $16.58B
  27. 🇫🇷 Renault: $15.10B
  28. 🇯🇵 Nissan: $14.96B
  29. 🇨🇳 Geely: $12.72B
  30. 🇹🇷 Ford Otosan: $12.55B
  31. 🇨🇳 NIO: $11.87B
  32. 🇹🇼 Hotai Motor: $10.62B
  33. 🇺🇸 Rivian: $10.28B
  34. 🇨🇳 GAC (Guangzhou Automobile Group): $10.27B
  35. 🇯🇵 Isuzu: $9.49B
  36. 🇨🇳 XPeng: $8.51B
  37. 🇻🇳 VinFast Auto: $7.20B
  38. 🇺🇸 Lucid Motors: $7.03B
  39. 🇯🇵 Mazda: $6.99B
  40. 🇨🇳 FAW Car: $5.90B
  41. 🇨🇳 Lotus Technology: $4.94B
  42. 🇺🇸 Polaris: $4.79B
  43. 🇨🇳 JAC Motors: $4.63B
  44. 🇯🇵 Mitsubishi Motors: $4.58B
  45. 🇨🇳 Leapmotor: $4.40B
  46. 🇹🇷 Tofaş Türk Otomobil Fabrikası: $4.24B
  47. 🇨🇳 Dongfeng Motor: $3.10B
  48. 🇸🇪 Polestar: $2.74B
  49. 🇹🇼 Yulon Motor Company: $2.42B
  50. 🇦🇪 NWTN Inc.: $1.63B
  51. 🇬🇧 Aston Martin: $1.46B

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