Saturday☕️

Saturday☕️

Trending:

  • South China Sea Tension
  • iLeakage Vulnerability in Apple Devices

Markets:

  • Yesterday’s U.S. stock market:
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  • Yesterday’s commodity market:
TradingView @7:25 PM EST
  • Yesterday’s crypto market:
TradingView @7:26 PM EST

South China Sea Tension:

  • President Biden has put China on notice, stating unequivocally that the U.S. stands ready to protect the Philippines in the event of an attack in the South China Sea (SCS). This region has been a hotbed of tension for many years, with China asserting control over more than 90% of the SCS and fortifying its position with military deployments.
  • The Philippines, along with other nations, has challenged China's claims, accusing it of flouting international law. The situation escalated this past Sunday when vessels from China and the Philippines were involved in a collision in the SCS, leading to a war of words between the two nations.
  • By Wednesday, President Biden took a firm stance, describing America's commitment to defending the Philippines as “ironclad.” This statement reinforces the longstanding treaty between the U.S. and the Philippines, in which both nations have pledged mutual defense support.

iLeakage Vulnerability in Apple Devices:

  • Researchers have discovered a security flaw in Apple's Safari browser that affects both iOS and macOS devices, potentially allowing hackers to access sensitive information such as passwords and email content. This vulnerability, named iLeakage, exploits a side channel in the A- and M-series CPUs, requiring significant technical expertise but minimal resources to carry out the attack.
  • The attack works by creating a website that, when visited by an affected device, can open another webpage and extract information from it. This method has successfully retrieved data such as Gmail inbox content, YouTube viewing history, and passwords saved in credential managers. On average, it takes about five minutes for the attacker’s site to analyze the targeted device, followed by an additional 30 seconds to extract a 512-bit secret.
  • The vulnerability is particularly concerning because it affects any browser running on iOS devices since they all use Apple's WebKit engine. However, on Macs, the attack is limited to the Safari browser. Apple has acknowledged the issue and is working on a fix, but no patch is currently available. This issue stems from a feature in modern CPUs called speculative execution, intended to enhance performance but has been the basis for various attacks in recent years.
  • iLeakage is a new variant of these attacks, using a race condition and the unique attributes of WebKit and Apple's silicon design. Researchers have overcome Apple's existing defenses against speculative execution attacks, making this a critical security concern. To protect oneself, it's important to stay logged out of sensitive accounts when not in use and be cautious about the websites visited, especially until Apple releases a fix for this vulnerability.

Statistic:

  • Top 50 insurance firms by market capitalization:
  1. 🇺🇸 UnitedHealth: $485.99B
  2. 🇨🇳 China Life Insurance: $106.84B
  3. 🇨🇳 Ping An Insurance: $105.69B
  4. 🇺🇸 Elevance Health: $103.72B
  5. 🇭🇰 AIA: $100.57B
  6. 🇩🇪 Allianz: $92.72B
  7. 🇺🇸 Marsh & McLennan Companies: $91.16B
  8. 🇺🇸 Cigna: $89.75B
  9. 🇺🇸 Progressive: $89.55B
  10. 🇨🇭 Chubb: $85.08B
  11. 🇨🇭 Zurich Insurance Group: $68.99B
  12. 🇫🇷 AXA: $65.78B
  13. 🇺🇸 Humana: $63.21B
  14. 🇬🇧 Aon: $62.25B
  15. 🇩🇪 Munich RE (Münchener Rück): $53.99B
  16. 🇺🇸 Arthur J. Gallagher & Co.: $49.27B
  17. 🇮🇳 Life Insurance Corporation of India (LIC): $46.10B
  18. 🇯🇵 Tokio Marine: $44.13B
  19. 🇺🇸 MetLife: $43.83B
  20. 🇺🇸 American International Group: $42.37B
  21. 🇺🇸 The Travelers Companies: $36.69B
  22. 🇺🇸 Centene: $36.04B
  23. 🇨🇳 China Pacific Insurance: $33.43B
  24. 🇺🇸 Allstate: $32.25B
  25. 🇺🇸 Prudential Financial: $32.16B
  26. 🇮🇹 Generali: $32.11B
  27. 🇨🇦 Manulife Financial: $31.29B
  28. 🇨🇭 Swiss Re: $31.25B
  29. 🇧🇲 Arch Capital: $30.34B
  30. 🇨🇳 The People's Insurance Company (PICC): $29.21B
  31. 🇬🇧 Prudential: $28.12B
  32. 🇩🇪 Hannover Rück: $26.26B
  33. 🇨🇦 Sun Life Financial: $26.25B
  34. 🇨🇦 Great-West Lifeco: $25.14B
  35. 🇨🇦 Intact Financial: $24.45B
  36. 🇬🇧 Willis Towers Watson: $23.99B
  37. 🇧🇪 KBC: $22.76B
  38. 🇺🇸 The Hartford: $21.53B
  39. 🇯🇵 Dai-ichi Life Holdings: $20.44B
  40. 🇹🇼 Cathay Financial Holding: $19.98B
  41. 🇫🇮 Sampo: $19.69B
  42. 🇺🇸 Molina Healthcare: $19.59B
  43. 🇯🇵 MS&AD Insurance: $19.40B
  44. 🇺🇸 Brown & Brown: $19.24B
  45. 🇺🇸 Markel: $18.99B
  46. 🇨🇭 Swiss Life: $17.88B
  47. 🇺🇸 W. R. Berkley: $16.82B
  48. 🇧🇲 Everest Group: $16.73B
  49. 🇺🇸 Principal: $16.35B
  50. 🇩🇪 Talanx: $16.16B

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