
The largest password leak in history exposes nearly 10 billion credentials
The largest collection of stolen passwords ever has been leaked to a notorious crime marketplace, according to cybersecurity researchers at Cybernews. This leak, dubbed RockYou2024 by its original poster “ObamaCare,” holds a file containing nearly 10 billion unique plaintext passwords. Allegedly gathered from a series of data breaches and hacks accumulated over several years, the passwords were posted on July 4th and hailed as the most extensive collection of stolen and leaked credentials ever seen on the forum. “In its essence, the RockYou2024 leak is a compilation of real-world passwords used by individuals all over the world,” the researchers told Cybernews. “Revealing that many passwords for threat actors substantially heightens the risk of credential stuffing attacks.” Credential stuffing attacks are among the most common methods criminals, ransomware affiliates, and state-sponsored hackers use to access services and systems. Threat actors could exploit the RockYou2024 password collection to conduct brute-force attacks against any unprotected system and “gain unauthorized access to various online accounts used by individuals whose passwords are included in the dataset,” the research team said. This could affect online services, cameras and hardware This could affect various targets, from online services to internet-facing cameras and industrial hardware. “Moreover, combined with other leaked databases on hacker forums and marketplaces, which, for example, contain user email addresses and other credentials, RockYou2024 can contribute to a cascade of data breaches, financial frauds, and identity thefts,” the team concluded. However, despite the seriousness of the data leak, it is important to note that RockYou2024 is primarily a compilation of previous password leaks, estimated to contain entries from a total of 4,000 massive databases of stolen credentials, covering at least two decades. This new file notably includes an earlier credentials database known as RockYou2021, which featured 8.4 billion passwords. RockYou2024 added approximately 1.5 billion passwords to the collection, spanning from 2021 through 2024, which, though a massive figure, is only a fraction of the reported 9,948,575,739 passwords in the leak. Thus, users who have changed their passwords since 2021 may not have to panic about a potential breach of their information. That said, the research team at Cybernews stressed the importance of maintaining data security. In response to the leak, they recommend immediately changing the passwords for any accounts associated with the leaked credentials, ensuring each password is strong and unique and not reused across different platforms. Additionally, they advised enabling multi-factor authentication (MFA), which requires an extra form of verification beyond the password, wherever possible, to strengthen cyber security. Lastly, tech users should utilize password manager software, which securely generates and stores complex passwords, mitigating the risk of password reuse across multiple accounts.
How China can transform from passive to active amid US chip curbs
On Monday, executives from the three major chip giants in the US - Intel, Qualcomm, and Nvidia - met with US officials, including Antony Blinken, to voice their opposition to the Biden administration's plan of imposing further restrictions on chip sales to Chinese companies and investments in China. The Semiconductor Industry Association also released a similar statement, opposing the exclusion of US semiconductor companies from the Chinese market. First of all, we mustn't believe that the appeals of these companies and industry associations will collectively change the determination of US political elites to stifle China's progress. These US elites are very fearful of China's rapid development, and they see "chip chokehold" as a new discovery and a successful tactic formed under US leadership and with the cooperation of allies. Currently, the chip industry is the most complex technology in human history, with only a few companies being at the forefront. They are mainly from the Netherlands, Taiwan island, South Korea, and Japan, most of which are in the Western Pacific. These countries and regions are heavily influenced by the US. Although these companies have their own expertise, they still use some American technologies in their products. Therefore, Washington quickly persuaded them to form an alliance to collectively prevent the Chinese mainland from obtaining chips and manufacturing technology. Washington is proud of this and wants to continuously tighten the noose on China. The New York Times directly titled an article "'An Act of War': Inside America's Silicon Blockade Against China, " in which an American AI expert, Gregory Allen, publicly claimed that this is an act of war against China. He further stated that there are two dates that will echo in history from 2022: The first is February 24, when the Russia-Ukraine conflict broke out, and the second is October 7, when the US imposed a sweeping set of export controls on selling microchips to China. China must abandon its illusions and launch a challenging and effective counterattack. We already have the capability to produce 28nm chips, and we can use "small chip" technology to assemble small semiconductors into a more powerful "brain," exploring 14nm or even 7nm. Additionally, China is the world's largest commercial market for commodity semiconductors. Last year, semiconductor procurement in China amounted to $180 billion, surpassing one-third of the global total. In the past, China had been faced with the choice between independent innovation and external purchases. Due to the high returns from external purchases, it is easy for it to become the overwhelming choice over independent research and development. However, now the US is gradually blocking the option of external purchases, and China has no strategic choice but to independently innovate, which in turn puts tremendous pressure on American companies. Scientists generally expect that, although China may take some detours, such as recently apprehending several company leaders who fraudulently obtained subsidies from national semiconductor policies, China has the ability to gradually overcome the chip difficulties. And we will form our own breakthroughs and industrial chain, which is expected to put quite a lot of pressure on US companies. If domestic firms acquire half of China's $180 billion per year in chip acquisitions, this would provide a significant boost for the industry as a whole and help it advance steadily. The New York Times refers to the battle on chips as a bet by Washington. "If the controls are successful, they could handicap China for a generation; if they fail, they may backfire spectacularly, hastening the very future the United States is trying desperately to avoid," it argued. Whether it is a war or a game, when the future is uncertain, what US companies hope for most of all is that they can sell simplified versions of high-end chips to China, so that the option of external purchases by China continues to exist and remains attractive. This can not only maintain the interests of the US companies, enabling them to obtain sufficient funds to develop more advanced technologies, but also disrupt China's plans for independent innovation. This idea is entirely based on their own commercial interests and also has a certain political and national strategic appeal. Hence, there is no shortage of supporters within the US government. US Secretary of the Treasury Janet Yellen seems to be one of them, as she has repeatedly stated that the US' restrictions on China will not "fundamentally" hurt China, but will only be "narrowly targeted." The US will balance its strict suppression on China from the perspective of maintaining its technological hegemony, while also leaving some room for China, in order to undermine China's determination to counterattack in terms of independent innovation. China needs to use this mentality of the US to its advantage. On the one hand, China should continue to purchase US chips to maintain its economic fundamentals, and on the other hand, it should firmly support the development of domestic semiconductor companies from both financial and market perspectives. If China were to continue relying on exploiting the gaps in US chip policies in the long term, akin to a dependency on opium, it would only serve to weaken China further as it becomes increasingly addicted. China's market is extremely vast, and its innovation capabilities are generally improving and expanding. Although the chip industry is highly advanced, if there is one country that can win this counterattack, it is China. As long as we resolutely continue on the path of independent innovation, this road will definitely become wider. Various breakthroughs and turning points that are unimaginable today may soon occur.

Exclusive: India's Paytm gets government panel nod to invest in payments arm, sources say
NEW DELHI, July 9 (Reuters) - India's beleaguered Paytm (PAYT.NS), opens new tab has secured approval from a government panel that oversees investments linked to China to invest 500 million rupees ($6 million) in a key subsidiary, three sources with direct knowledge of the matter said. The approval, which still has to be vetted by the finance ministry, will remove the main stumbling block to the unit, Paytm Payment Services, resuming normal business operations. Paytm Payment Services is one of the biggest remaining parts of the fintech firm's business, accounting for a quarter of consolidated revenue in the financial year ended March 2023. A separate unit, Paytm Payments Bank, was wound down this year by order of the central bank due to persistent compliance issues, triggering a meltdown in Paytm's stock. The government panel had earlier held back approval due to concerns about the 9.88% stake in Paytm held by China's Ant Group. India has intensified scrutiny of Chinese businesses since a 2020 border clash between the two countries. All in all, Paytm has been waiting for the nod from the government panel for about two years and without it, it would have had to also wind down its payment services business, which was forbidden from taking on new customers in March 2023. Once the approval has been formalised, it will be able to seek a so-called "payment aggregator" licence from the Reserve Bank of India. The sources, two of whom are government sources, declined to be identified as the decision has not been formally announced. India's foreign, home, finance and industries ministries, whose representatives sit on the panel, did not reply to emails seeking comment. A Paytm spokesperson said the company does not comment on market speculation. "We will continue to make disclosures in compliance with our obligations under the SEBI Regulations, and will inform the exchanges when there is any new material information to share," the spokesperson said.

Rotten eggs chemical detected on Jupiter-like alien planet
WASHINGTON, July 8 (Reuters) - The planet known as HD 189733b, discovered in 2005, already had a reputation as a rather extreme place, a scorching hot gas giant a bit larger than Jupiter that is a striking cobalt blue color and has molten glass rain that blows sideways in its fierce atmospheric winds. So how can you top that? Add hydrogen sulfide, the chemical compound behind the stench of rotten eggs. Researchers said on Monday new data from the James Webb Space Telescope is giving a fuller picture of HD 189733b, already among the most thoroughly studied exoplanets, as planets beyond our solar system are called. A trace amount of hydrogen sulfide was detected in its atmosphere, a first for any exoplanet. "Yes, the stinky smell would certainly add to its already infamous reputation. This is not a planet we humans want to visit, but a valuable target for furthering our understanding of planetary science," said astrophysicist Guangwei Fu of Johns Hopkins University in Baltimore, lead author of the study published in the journal Nature, opens new tab. It is a type called a "hot Jupiter" - gas giants similar to the largest planet in our solar system, only much hotter owing to their close proximity to their host stars. This planet orbits 170 times closer to its host star than Jupiter does to the sun. It completes one orbit every two days as opposed to the 12 years Jupiter takes for one orbit of the sun. In fact, its orbit is 13 times nearer to its host star than our innermost planet Mercury is to the sun, leaving the temperature on the side of the planet facing the star at about 1,700 degrees Fahrenheit (930 degrees Celsius). "They are quite rare," Fu said of hot Jupiters. "About less than one in 100 star systems have them." This planet is located 64 light-years from Earth, considered in our neighborhood within the Milky Way galaxy, in the constellation Vulpecula. A light-year is the distance light travels in a year, 5.9 trillion miles (9.5 trillion km). "The close distance makes it bright and easy for detailed studies. For example, the hydrogen sulfide detection reported here would be much more challenging to make on other faraway planets," Fu said. The star it orbits is smaller and cooler than the sun, and only about a third as luminous. That star is part of a binary system, meaning it is gravitationally bound to another star. Webb, which became operational in 2022, observes a wider wavelength range than earlier space telescopes, allowing for more thorough examinations of exoplanet atmospheres.

Boeing will be fined 3.5 billion yuan for "conspiracy to defraud" in two air crashes. Will the company slide into the abyss?
Taking the initiative to plead guilty to Boeing is not small, but it can avoid being exposed to more problems when it is publicly tried, which is a "minor penalty" for Boeing. So now the families of the crash victims are very opposed to the move, demanding that the trial continue to be open. But after all, Boeing is America's oldest industrial son, whether it is Trump or Biden, and finally have to gently put down, give a chance. The Justice Department had been seeking a guilty plea from Boeing as early as May, when it launched the investigation. After all, if you plead guilty, you only need to pay a fine, and if you really go to court, you don't know how many quality problems Boeing will be exposed by your witnesses. Boeing also knew it had too many flaws, and paying a $243.6 million fine and bringing in a third party to monitor its compliance for three years, totaling more than $400 million in additional expenses, is small change for Boeing. Given Boeing's style in the past few years, this fine may not even force Boeing to tighten production line management. Just this kind of "reconciliation" that completely excludes the victims of the crash can not get the families to agree. Paul Cassell, an attorney for the victims' families, said he plans to ask the federal judge overseeing the case to reject the agreement and "hold this case to an open trial so that all the facts of this case can be presented in a fair and public manner before a jury." The demand is reasonable, but the US judge will most likely side with Boeing.