
Hyundai Revolutionizes Connectivity with Practical, Future-Oriented Technologies in the New IONIQ 9
The IONIQ 9's innovative climate control system, tailored for car camping and leisure activities, and its premium sound options demonstrate Hyundai's attention to comfort and lifestyle integration. With these technologies, Hyundai is setting a new benchmark for sustainable and intelligent mobility.
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Al Bawaba
7 hours ago
- Al Bawaba
General Motors and Hyundai Motor Company Announce Plans for First Five Co-developed Vehicles
Hyundai Motor Company and General Motors announced plans for their first five co-developed vehicles, marking a significant milestone in their previously announced strategic two companies will co-develop four vehicles for the Central and South American market, including a compact SUV, car and pick-up, as well as a mid-size pick-up, all with the flexibility to use either internal combustion or hybrid propulsion systems. Hyundai and GM also will co-develop an electric commercial van for North and GM expect sales of the co-developed vehicles to be more than 800,000 vehicles a year once production is fully will lead the development of the mid-size truck platform, while Hyundai will lead on the compact vehicle and electric two companies will share common platforms and develop unique interiors and exteriors consistent with their respective and engineering work is underway on the new vehicles for the Central and South American markets, which will launch in 2028. The electric commercial van will be manufactured in the U.S. as early as 2028.'Hyundai's strategic collaboration with GM will help us continue to deliver value and choice to our customers across multiple vehicle segments and markets,' said José Muñoz, President and CEO of Hyundai Motor Company. 'Our combined scale in North and South America helps us to more efficiently provide our customers more of what they want – beautifully designed, high-quality, safety focused vehicles with technology they appreciate.'Shilpan Amin, GM senior VP and global chief procurement and supply chain officer, said the vehicles announced today were targeted at the largest segments in the Central and South American markets, as well as the commercial segment in North America.'By partnering together, GM and Hyundai will bring more choice to our customers faster, and at lower cost,' Amin said. 'These first co-developed vehicles clearly demonstrate how GM and Hyundai will leverage our complementary strengths and combined scale.'The two companies also plan joint sourcing initiatives in North and South America for materials, transport, and logistics. Further areas for potential joint operations include raw materials, components, and complex Motor and GM also agreed to explore collaboration on low-carbon emissions steel as part of their commitment to sustainable manufacturing. Following the signing of a framework agreement in September 2024, the companies continue to assess additional joint vehicle development programs for global markets, as well as collaboration opportunities across propulsion systems, including internal combustion engines, hybrid, battery electric, and hydrogen fuel cell technologies.


Al Bawaba
2 days ago
- Al Bawaba
Worldpay leverages Mastercard Move to empower consumers and businesses to send and receive payments quickly and securely in the UAE
Worldpay® and Mastercard have joined forces to streamline money movement for consumers and businesses in the UAE through Mastercard Move. Through this collaboration, Worldpay Push-to-Card solution will enable a wide range of fast, seamless domestic and cross-border payouts to cards – from gig economy payouts and insurance claims to remittances and withdrawals of crypto proceeds, supported by Mastercard's robust security services and will benefit from quicker access to funds, while businesses will gain more efficient disbursement capabilities – all without the need to share banking details. The solution also allows Worldpay's merchants to leverage their acquiring flows to fund payouts, simplifying operations and reducing reliance on multiple providers.'At Mastercard, we are committed to building a digital ecosystem by providing seamless payment options that cater to diverse customer bases and use cases. With Mastercard Move, we're delivering speed, security, and convenience to Worldpay's customers in the UAE. This initiative will accelerate the shift toward digital transactions, enhance financial inclusion, and drive innovation in the region,' said Mete Güney, executive vice president, Market Development, EEMEA, Mastercard. 'Worldpay plays a pivotal role in shaping the future of payments globally. As one of the first acquirers in the country to enable Mastercard Move, we're offering individuals and businesses a fast, secure, and convenient way to send and receive funds. This marks a significant step forward in transforming how peer-to-peer and disbursement payments are made in the region,' said Tausif Ahmed, Merchant Country Leader MEA, Worldpay. Worldpay has already made the Push-to-Card solution available to merchants in the UK, EU, US, and Australia. Mastercard Move provides banks, non-bank financial institutions, and their customers, including direct disbursers, with fast, secure money transfer solutions, both domestically and internationally. The portfolio of solutions reaches more than 200 countries and 150+ currencies, with access to more than 95% of the world's banked population.


Al Bawaba
2 days ago
- Al Bawaba
SANS report finds humans still the main attack vector as 80% of organizations flag social engineering as their number one risk
The latest survey data from SANS Institute, the world's most trusted provider of cybersecurity training, reveals that 80% of organizations rank social engineering as the number one human-related risk—an already formidable threat now supercharged by AI. As attackers use artificial intelligence to craft more convincing and scalable deception tactics, the stakes for human error have never been higher. The data was a key insight from the 10th anniversary edition of SANS Institute's Security Awareness Report®: Embedding a Strong Security Culture. The report is based on SANS's largest survey ever, with feedback from over 2,700 security awareness practitioners from more than 70 countries who shared their unique perspectives to create the most comprehensive and revealing report yet. Lance Spitzner, Technical Director of SANS Workforce Security & Risk Training, highlights the report's significance on its 10th anniversary: "The launch of the 10th edition of our Security Awareness Report is a major milestone for us and our most ambitious and far-reaching report to date. Designed as a dual-purpose playbook, it empowers security awareness professionals to not only drive organization-wide behavior and culture change but also advance their careers."Key Findings and Insights• Top human risks: This year's data makes it clear: social engineering remains the top human risk by a wide margin (according to 80% of respondents), with phishing still leading, and smishing and vishing attacks growing in both frequency and sophistication. In a shift from last year's results, incorrect handling of sensitive data has now taken the second spot, followed by weak passwords and poor authentication. These changes reflect the evolving ways in which humans remain the primary attack vector, and why targeted, behavior-focused training continues to be essential.• Program challenges: Lack of time and staffing remain the two biggest challenges limiting industry professionals from building and managing an effective program. The report emphasises the use of tools like Generative AI to help security teams accelerate their impact at a global scale.• Benchmarking and maturity: For the sixth year in a row, the data confirms that larger security awareness teams drive more mature programs. On average, it takes at least 2.8 dedicated FTEs to meaningfully influence behavior—and four or more FTEs to begin shifting organizational culture. But staffing isn't everything. Sustained effort over time matters just as much. The longer your program has been in place, the more likely it is to be improving processes, strengthening partnerships and effectively engaging the workforce to reduce human risk. • Career development: In 2025, the average global annual salary for individuals working in security awareness is $116,091. In terms of geography, North America has the highest average annual salary at $129,961, almost identical to 2024's findings. In Europe, the average annual salary is $93,661. Spitzner concludes: 'This year's findings come against the backdrop of organisations facing rising threats like generative AI, deepfakes and other emerging threats. The report delivers timely, data-driven insights into how security teams are adapting, where gaps remain and which strategies are moving the needle. In a field where human risk is still under-reported, this report shines a spotlight on one of cybersecurity's most urgent challenges.' To read the full report and benchmark your program against industry standards, download the report here.