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Disclaimer: Community trackers are created by Red Hat Product Security team on a best effort basis. Package maintainers are required to ascertain if the flaw indeed affects their package, before starting the update process. libcurl had a flaw that when instructed to clear proxy authentication credentials which made it not do so, leaving the old credentials around to get used for subsequent transfers that should not know nor use them.
rustup only dynamically links libcurl, and does not include curl itself. This bug needs to be fixed in the "curl" package and nothing can be done here.