The European Central Bank is calling banks in for an emergency meeting to address cybersecurity risks created by Anthropic's Claude Mythos, which finds and exploits vulnerabilities faster than human teams. The meeting follows months of anxiety across European finance as Mythos discovered 10,000+ critical flaws in widely-used software within its first month.
Pakistan Software Houses Association has released comprehensive policy recommendations for the Federal Budget 2026-27, addressed to FBR, Ministry of Finance, and Ministry of IT. The document focuses on closing the remote worker tax loophole, creating a level playing field for registered IT companies, and structural reforms to support Pakistan's $3.8B IT export sector.
A Frontier Economics report for VEON warns that Pakistan's heavy sector-specific taxation on mobile telecom creates a 'tax trap' suppressing digital adoption and investment. The study finds current levies disproportionately hurt low-income users and slow critical 4G/5G rollout needed for the digital economy.
Threat actors are exploiting CVE-2026-26980 (CVSS 9.4), a critical SQL injection flaw in Ghost CMS's Content API, to inject malicious JavaScript for ClickFix attacks. Over 700 websites have been compromised, including sites belonging to Harvard, Oxford, and DuckDuckGo. The vulnerability allows unauthenticated attackers to read arbitrary database data.
A coordinated cross-ecosystem supply chain attack codenamed TrapDoor has distributed credential-stealing malware via 34 packages across 384 versions on npm, PyPI, and Crates.io. Activity started May 22 with packages published in waves, marking one of the first attacks to target all three major package ecosystems simultaneously.
New research from Epoch AI shows memory has grown to nearly 66% of total AI chip component costs, up dramatically as models demand more HBM bandwidth. The shift has major implications for chip design economics and explains why HBM manufacturers like SK Hynix and Samsung are seeing explosive demand growth.