General Motors Company (GM)
GM all-electric Chevy Equinox goes on sale as the latest test for EV production and demand
Affordable entry-level EV pricing has long been a goal for GM, Tesla and others as Chinese rivals like BYD and Nio grow their sales beyond China.
General Motors (GM) & LG to Create $150M Fund for Bolt Owners
General Motors (GM) and LG agree to create a $150 million fund to compensate Chevrolet Bolt EV owners affected by faulty batteries.
GM loses US appeal over fender design patent after rare full-court review
A U.S. appeals court on Tuesday overturned a win for GM in a patent dispute with auto-parts maker LKQ over fender designs, upending a key element of design-patent law in a rare full-court decision.
APWG Q1 Report: Phone-Based Phishing Grows Explosively, Shifting the Cybercrime Threatscape
Phone-Based Frauds Allow Scammers to Engage with Victims More PersonallyCAMBRIDGE, MA / ACCESSWIRE / May 20, 2024 / The APWG's new Phishing Activity Trends Report reveals that phishing attacks using phone calls and text messages have grown unchecked for the past two years, shifting the cybercrime threatscape increasingly toward abuse of telephone services and infrastructure. Phone numbers used for fraud represented more than 20 percent of all fraud-related assets that APWG member OpSec identified in Q1 2024.Phone Numbers as a Percent of Total Fraud Assets Detected - Q1 2024 Phone Numbers as a Percent of Total Fraud Assets Detected - Q1 2024. Source: OpSecScammers are markedly and steadily expanding their deployment of vishing - where fraudsters call potential victims, and smishing - where fraudsters advertise the URLs of phishing sites in SMS and text messages. And in hybrid phishing a phisher sends an email or text that requests that the recipient call a phone number. This allows a scammer to talk directly with potential victims and manipulate them first-hand."At OpSec, we started to see vishing and smishing take off in early 2021," said Matthew Harris, Senior Product Manager, Fraud at OpSec, and a long-time APWG report contributor. "Phishing that uses email lures is being hampered by advanced filtering technologies and sending requirements, making it more difficult for scammers to get their emails into victim in-boxes. Contrast this with phone calls, which go directly to a user with very little filtering," said Harris. "Phone calls are more engaging. A live person is calling the victim, interacting with them, and has a chance to gain the victim's trust-or has a chance to alarm and confuse the victim and trick them."APWG contributing member Fortra has observed something similar in recent years. "Hybrid vishing, which we rarely saw before 2023, made up 5.6 percent of Fortra's engagements in the first quarter of 2024," said John Wilson, Senior Fellow, Threat Research at Fortra."The hybrid vishing attacks we track typically begin as an email indicating the recipient has been charged for a product or service," said Wilson. "The messages instruct the recipient to call a phone number if they wish to cancel their order and obtain a refund. Norton/LifeLock was the most popular brand used as a lure in these attacks, mentioned in 32 percent of the hybrid vishing messages we encountered in Q1 2024."The report also reveals that in Q1 2024, APWG observed 963,994 phishing attacks. After highs in early 2023, the number of attacks per month has been stable from June 2023 through March 2024. Social media platforms were the most frequently attacked sector in Q1 2024, targeted by 37.4 percent of all phishing attacks, followed by software-as-a-service and webmail companies, at 21 percent. Phishing against the banking segment continued to fall, down to 9.8 percent in Q1 2024.APWG's assessment is that the availability of high-fidelity voice and video samples on the Web, intimate personal information on social media, and personal financial data sold in dark-web markets will make it increasingly easier for cybergangs to use AI to create uniquely potent scams."Ours is a new epoch in cybercrime's evolution. Technologies that would have been science fiction when phishing initially besieged bank brands 20 years ago are now readily available to cybercrime gangs - and they have the wherewithal and expertise to use them for undetectable spoofs," said APWG Secretary General Peter Cassidy. "Consumers and employees everywhere need to ask themselves: just who do you think you're talking/texting to?"The full text of the report is available here: Click Here ContactsFor media inquiries related to the APWG, please contact APWG Secretary General Peter Cassidy ([email protected], +1.617.669.1123). Or for company-specific content related to this release, please contact: Anil Prasad at Abnormal Security (www.abnormalsecurity.com/contact), Stefanie Wood Ellis of OpSec Security ([email protected]); Rachel Woodford of Agari ([email protected]), Eduardo Schultze of Axur ([email protected],+55 51 3012-2987); Stacy Shelley of PhishLabs ([email protected], +1.843.329.7824); Holly Hitchcock of RiskIQ ([email protected]).About the APWGFounded in 2003, the Anti-Phishing Working Group (APWG) is the global industry, law enforcement, and government coalition focused on unifying the global response to electronic crime. Membership is open to qualified financial institutions, online retailers, ISPs and Telcos, the law enforcement community, solutions providers, multilateral treaty organizations, research centers, trade associations and government agencies. There are more than 2,200 companies, government agencies and NGOs participating in the APWG worldwide. APWG's apwg.org and stopthinkconnect.org websites offer the public, industry and government agencies practical information about phishing and electronically mediated fraud as well as pointers to pragmatic technical solutions that provide immediate protection. The APWG is co-founder and manager of the global STOP. THINK. CONNECT. campaign, most recently deployed as the national cybersecurity awareness campaign of Argentina, and founder/curator of the Symposium on Electronic Crime Research, the world's only peer-reviewed, published conference dedicated specifically to electronic crime studies (Click Here APWG advises hemispheric and global trade groups and multilateral treaty organizations such as the European Commission, the G8 High Technology Crime Subgroup, Council of Europe's Convention on Cybercrime, United Nations Office of Drugs and Crime, Organization for Security and Cooperation in Europe, Europol EC3 and the Organization of American States. APWG is a member of the steering group of the Commonwealth Cybercrime Initiative at the Commonwealth of Nations. Among APWG's corporate sponsors are: AI Spera, Acronis, Adobe, AhnLab, AT&T, Arteria Communications, Allure Security, AREA 1, AIT, appgate, Apple, Asurion Insurance Services, Avast, Away AI, AXUR, BW CIRT, Bambenek Consulting, Banelco CSIRT, BanCERT, Bolster, Booz Allen Hamilton, BrandShield, Browlser, ByteDance, CHT Security, Canva, Central Bank of Jordan, Check Point, Cipherbit (Grupo Oesia), Cisco, CLARO, Cloudflare, CLOUDMARK, COFENSE, Coinbase, Comcast, CrowdStrike, CSC, CSIRT BANELCO, CSIS, Cyan Digital Security, Cyble, CYREN, Cyxtera, CZ.NIC, DS Lab, DigiCert, dmarcian, DNS Filter, DNS Belgium, EBRAND, Entrust Datacard, ESET, FirstRand, Fortinet, Fortra, FraudWatch, GetResponse, GMS Securidad, Group-IB, Guidewire, Hitachi Systems, .ID, ICANN, Identity Digital, Infoblox, Ingressum, INKY Technology Company, IQ Global, Kaspersky, KnowBe4, Lenos Software, LinkedIn, LINE, Looking Glass, LSEC, Material Security, McAfee, Meta, Mimecast, NCA, NAVER, Netcraft, NetSTAR, Nominet, Opera, OpSec Security, Palo Alto Networks, PANDI, PayPal, Proofpoint, Public Interest Registry (PIR), Qintel, Rakuten, Recorded Future, Redsift, REDIRIS, ReversingLabs, RiskIQ, RSA, S2W Lab, SafeGuard Cyber, Salesforce, Secutec, Seven & i Holdings, Co. Ltd, SHRESHTA, SIDN, SlashNext, Sophos, Spamhaus Technology, SWITCH, Symantec, Telefonica, TEMU, Tessian, Thomsen Trampedach, ThreatSTOP, TNO, Tracer, TrendMicro, Trustwave, Twilio, Unbiased Security, Vade, Verisign, Viettel Cyber Security, WMC Global, Webroot, workday, ZeroFOX, ZibaSec, Zimperium, YARXIX, ZIX, .XYZ, and zvelo.Contact InformationPeter Cassidy Secretary General [email protected] 617-669-1123Related ImagesPhone Numbers as a Percent of Total Fraud Assets Detected - Q1 2024 Phone Numbers as a Percent of Total Fraud Assets Detected - Q1 2024. Source: OpSecMost Targeted Industries - Q1 2024 Most Targeted Industries - Q1 2024Registrars Used to Register BEC Domains - Q1 2024 Registrars Used to Register BEC Domains - Q1 2024SOURCE: APWGView the original press release on newswire.com.
The Impact Experience 2024: Austin Hosts Major Development Summit for Career and Personal Growth
Industry Leaders from Real Estate and Mortgage Sectors to Offer Expert Guidance at Two-Day Event, Facilitating Professional Advancements and Personal Achievements AUSTIN, TX / ACCESSWIRE / May 20, 2024 / This September 19th-20th, The Impact Experience will host a transformative event at the Hilton Austin, designed to catalyze significant advances in financial, professional, and personal development. Aimed at individuals eager to enhance their career and personal life, this event promises an environment rich in expertise and motivation, tailored to propel attendees towards their 2024 goals.The Impact Experience offers an impressive roster of speakers, including industry leaders from the mortgage and real estate sectors such as Josh Sigmam, Gavin Ekstrom, Niki Salter, Ben Newman, Jessie Itzler, JJ Mazzo, Jim Reed, and Haley Garcia. These experts will share actionable insights and strategies on cultivating a success-driven mindset, overcoming personal and professional obstacles, and setting realistic, achievable goals.Distinct from typical conferences, The Impact Experience is committed to providing a genuine value-driven environment free from overt sales pitches. The event will feature a series of interactive activities, group discussions, and networking opportunities, allowing attendees to engage with thought leaders and peers alike, fostering both individual growth and collective inspiration.Tickets are available in two tiers: General Admission and VIP. General Admission provides access to all speaker sessions, event recordings, and discounted hotel rates, priced at $797. The VIP package, at $2,497, includes all the benefits of General Admission plus exclusive perks such as VIP seating, a private lunch with speakers, a happy hour, meet and greet opportunities, a copy of the speakers' books, and exclusive photo opportunities.Attendees of The Impact Experience will leave equipped not only with new knowledge and insights but also with enhanced confidence and a network of peers and mentors to support their continued growth. This event is a must-attend for those looking to make 2024 a landmark year in their professional and personal development journeys.For more information and how to get involved, you can visit The Impact Experience website.Media Contact:Gavin EkstromCrossCountry Mortgage303-669-8083Click Here CrossCountry Mortgage
SpaceX CEO Elon Musk, Sri Lankan President Explore Starlink Opportunities In 'Fruitful' Indonesia Meeting: 'Could Be Particularly Transformative...'
SpaceX CEO Elon Musk met with Sri Lankan President Ranil Wickremesinghe during his visit to Indonesia over the weekend, in what the President termed a “fruitful discussion.” What Happened: Wickremesinghe was on an official visit to Indonesia for the 10th World Water Forum and Musk was there to launch SpaceX’s Starlink satellite internet services in the country. The two met and had a fruitful discussion, the President said. “We had a fruitful discussion on a variety of interesting topics. Starlink's expansion could be particularly transformative for countries like Sri Lanka, providing a lifeline to essential services and information,” Wickremesinghe wrote. “It was an honor to meet,” Musk responded, while adding that it was a “good meeting.” Sri Lanka is among the many countries where Starlink is expected to “come soon,” as per SpaceX. In Southeast Asia, Starlink services are currently available in Indonesia, Malaysia, and the Philippines. Starlink is currently available in 99 countries, territories, or markets around the globe. Why It Matters: On Sunday, Musk along with Indonesian Health Minister Budi Gunadi Sadikin, introduced the Starlink service for the nation's health sector. The service was reportedly launched at three Indonesian health centers, including two in Bali and one on the remote island of Aru in Maluku. It is the billionaire entrepreneur’s first in-person visit to the country. "Bringing connectivity to remote communities radically improves access to education and economic opportunities,” Musk said about the launch. Check out more of Benzinga's Future Of Mobility coverage by following this link. Read More: Kid Rock Drives Into Live Concert In Texas On Custom Cybertruck Resembling General Lee Photo by Angga Budhiyanto on Shutterstock © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Russia is China's top oil supplier for a 12th month in April
May 20 (Reuters) - Russia China's top oil supplier in April for a 12th month, with volumes rising 30% from a year earlier, official data showed, as refiners continued to cash in discounted shipments, while supplies from Saudi Arabia fell a quarter on higher prices. China's crude oil imports from Russia, which include supplies sent via pipelines and the sea, were 9.26 million metric tons last month, or 2.25 million barrels per day (bpd), according to data from the General Administration of Customs. That is down from March's 2.55 million bpd and the record in June 2023 of 2.56 million bpd. In April, Russia cut its crude supply by 150,000 bpd to 9.3 million bpd, according to the IEA's monthly oil market report. That was still 200,000 bpd above the production target it agreed to with other major producers Imports from Saudi Arabia, which was last China's biggest supplier in April 2023, were 6.34 million tons, or 1.54 million bpd, down 25% from a year earlier. The kingdom had raised its April selling price for oil to Asia to $1.70 a barrel above the Oman/Dubai average, up from $1.50 previously. Imports from Malaysia, a key transhipment hub for oil from Iran and Venezuela, held largely steady year-on-year at about 980,000 bpd. A U.S. official appeared to raise some concerns about the transhipments during a visit to Singapore and Malaysia this month by noting that Iran's capacity to move its oil is reliant on service providers based in Malaysia, with oil being transferred near Singapore and throughout the region. Monday's data also recorded 0.19 million tons of imports from Venezuela, taking the year-to-date volume to 0.92 million tons, or 55,000 bpd, amid a temporary relaxation of U.S. sanctions on Caracas. Sanctions were re-imposed last month after the U.S. said President Nicolas Maduro had failed to meet election commitments. Customs recorded no imports from Iran.(Metric ton = 7.3 barrels for crude oil conversion) (Reporting by Chen Aizhu and Colleen Howe; Editing by Christian Schmollinger)
GM, LG agree on $150 mln relief fund for Chevy Bolt EV owners over faulty batteries
General Motors and South Korean battery firm LG Energy Solution reached a settlement to establish a $150 million fund to provide monetary relief to Chevrolet Bolt EV owners who were affected by defective batteries, documents filed in a U.S. court on Thursday showed.
