Ford says UAW strike cut profits by $1.7B; new contract to cost $8.8B

<p>Ford said the UAW's new contract would increase labor costs by $8.8 billion, or an average of $900 per vehicle in 2028.</p>

https://www.autonews.com/automakers-supp...t-cost-88b

VW CEO: We are no longer competitive

The CEO of the Volkswagen Group's core VW brand has issued a warning about a lack of competitiveness as the brand looks to improve its return on sales and grow its market share for electric vehicles in China. "With many of our pre-existing structures, processes and high costs, we are no longer competitive as the Volkswagen brand," Thomas...


https://www.motorauthority.com/news/1141...ompetitive

U.S. Treasury Sanctions Sinbad Cryptocurrency Mixer Used by North Korean Hackers

The U.S. Treasury Department on Wednesday imposed sanctions against Sinbad, a virtual currency mixer that has been put to use by the North Korea-linked Lazarus Group to launder ill-gotten proceeds.
"Sinbad has processed millions of dollars' worth of virtual currency from Lazarus Group heists, including the Horizon Bridge and Axie Infinity heists," the department said.
"Sinbad is also used by

https://thehackernews.com/2023/11/us-tre...inbad.html

CACTUS Ransomware Exploits Qlik Sense Vulnerabilities in Targeted Attacks

A CACTUS ransomware campaign has been observed exploiting recently disclosed security flaws in a cloud analytics and business intelligence platform called Qlik Sense to obtain a foothold into targeted environments.
"This campaign marks the first documented instance [...] where threat actors deploying CACTUS ransomware have exploited vulnerabilities in Qlik Sense for initial access," Arctic Wolf

https://thehackernews.com/2023/11/cactus...sense.html

7 Uses for Generative AI to Enhance Security Operations

Welcome to a world where Generative AI revolutionizes the field of cybersecurity.
Generative AI refers to the use of artificial intelligence (AI) techniques to generate or create new data, such as images, text, or sounds. It has gained significant attention in recent years due to its ability to generate realistic and diverse outputs.
When it comes to security operations, Generative AI can play

https://thehackernews.com/2023/11/7-uses...hance.html

North Korea's Lazarus Group Rakes in $3 Billion from Cryptocurrency Hacks

Threat actors from the Democratic People's Republic of Korea (DPRK) are increasingly targeting the cryptocurrency sector as a major revenue generation mechanism since at least 2017 to get around sanctions imposed against the country.
"Even though movement in and out of and within the country is heavily restricted, and its general population is isolated from the rest of the world, the regime's

https://thehackernews.com/2023/11/north-...-in-3.html

This Free Solution Provides Essential Third-Party Risk Management for SaaS

Wing Security recently announced that basic third-party risk assessment is now available as a free product. But it raises the questions of how SaaS is connected to third-party risk management (TPRM) and what companies should do to ensure a proper SaaS-TPRM process is in place. In this article we will share 5 tips to manage the third-party risks associated with SaaS, but first... 
What exactly is

https://thehackernews.com/2023/11/this-f...ntial.html

Google Unveils RETVec - Gmail's New Defense Against Spam and Malicious Emails

Google has revealed a new multilingual text vectorizer called RETVec (short for Resilient and Efficient Text Vectorizer) to help detect potentially harmful content such as spam and malicious emails in Gmail.
"RETVec is trained to be resilient against character-level manipulations including insertion, deletion, typos, homoglyphs, LEET substitution, and more," according to the project's

https://thehackernews.com/2023/11/google...s-new.html

Ford Provides Guidance for Full-Year 2023 Operating Results; CFO Lawler Today Will R

Ford has a new, post-strike outlook for full-year 2023 operating results – and absolute confidence in and commitment to the long-term potential of its Ford+ plan to generate growth and value.


https://media.ford.com/content/fordmedia...--cfo.html

Driving Towards a Brighter Tomorrow: Ford's 2024 Trend Report Highlights People's Qu

12th annual Looking Further with Ford Trends Report explores the intentional decisions consumers are taking to shape their lives.


https://media.ford.com/content/fordmedia...rt-hi.html