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Time Is Money

Nov 7, 2024 • 4 min read

Trending:

Columbus Ohio Cyberattack
SpaceX Launches

Markets:

Yesterday’s U.S. stock market:

Today’s commodity market:

Today’s crypto market:

Columbus Ohio Cyberattack:

In July 2024, the City of Columbus, Ohio, was targeted in a ransomware attack by the Rhysida gang, affecting the personal information of approximately 500,000 individuals. The stolen data included names, addresses, Social Security numbers, and bank details, sparking concerns about identity theft and financial fraud among residents. This breach exposed weaknesses in Columbus’s cybersecurity infrastructure and highlighted the growing threat posed by sophisticated ransomware groups targeting municipalities.
Following the breach, city officials initially downplayed the severity of the attack, suggesting that the stolen data was either encrypted or corrupted and thus unusable. However, security researcher David Leroy Ross, also known as Connor Goodwolf, contested this narrative by releasing samples of the unencrypted data to media outlets. In response, Columbus filed a lawsuit against Ross, claiming his actions could cause further harm by exposing sensitive information. By October 2024, under public scrutiny, the city dropped the lawsuit as part of an agreement that included a permanent injunction restricting Ross from sharing the stolen data without the city’s approval.
The attack and its aftermath have pushed Columbus to reassess its cybersecurity protocols. The city has offered two years of free credit monitoring and identity protection services to affected residents and is now facing pressure to bolster its data protection measures. This case underscores the importance of robust cybersecurity defenses and clear communication with the public, serving as a reminder to municipalities nationwide of the risks and responsibilities involved in managing sensitive data.

SpaceX Launches:

SpaceX has maintained a rapid launch schedule, focusing on expanding its Starlink satellite constellation and advancing the capabilities of its Starship vehicle. In recent weeks, the company completed several important missions, including two consecutive Starlink launches on October 30, 2024, from Cape Canaveral, Florida. These missions deployed additional Starlink satellites, supporting SpaceX’s goal of providing global internet coverage, especially in underserved and remote areas. On November 4, 2024, SpaceX also launched the CRS-31 mission to the International Space Station (ISS) as part of NASA’s Commercial Resupply Services, delivering scientific equipment and research materials to aid ongoing experiments.
Looking ahead, SpaceX is preparing for a series of Starlink launches scheduled for November 7 and November 8, 2024. These missions will also launch from Cape Canaveral aboard Falcon 9 rockets, continuing the rapid expansion of the Starlink satellite network. The frequency of Starlink launches underscores SpaceX’s initiative to expand its satellite internet service, with many launches planned in between major missions to meet the increasing demand for global connectivity.
The highlight of SpaceX’s upcoming launch calendar is the sixth test flight of Starship, set for November 18, 2024. This flight will build on the success of previous tests, including the fifth flight, where Starship’s Super Heavy booster was successfully caught by the tower’s “chopstick arms” upon its return to Starbase. The sixth flight aims to further improve Starship’s reusability, with the booster attempting another return and catch, while the upper stage will follow a suborbital path with a targeted splashdown in the Indian Ocean. New test objectives include an in-space burn of one of Starship’s Raptor engines and various thermal protection experiments to gather data essential for future orbital missions.

Statistic:

Largest assets on Earth by market capitalization:

Gold: $17.909T
🇺🇸 NVIDIA: $3.571T
🇺🇸 Apple: $3.366T
🇺🇸 Microsoft: $3.123T
🇺🇸 Amazon: $2.177T
🇺🇸 Alphabet (Google): $2.170T
🇸🇦 Saudi Aramco: $1.775T
Silver: $1.758T
Bitcoin: $1.479T
🇺🇸 Meta Platforms: $1.444T
🇺🇸 Berkshire Hathaway: $1.010T
🇹🇼 TSMC: $1.002T
🇺🇸 Tesla: $926.19B
🇺🇸 Broadcom: $838.60B
🇺🇸 Eli Lilly: $737.02B
🇺🇸 JPMorgan Chase: $695.55B
🇺🇸 Walmart: $670.71B
🇺🇸 Visa: $596.87B
🇺🇸 UnitedHealth: $549.12B
SPDR S&P 500 ETF Trust: $542.44B
🇺🇸 Exxon Mobil: $531.80B
🇨🇳 Tencent: $505.12B
🇺🇸 Oracle: $502.22B
🇩🇰 Novo Nordisk: $483.57B
🇺🇸 Mastercard: $478.30B

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