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Artificial Intelligence & Machine Learning

Go-Ahead for AI Chip Sales to 10 Chinese Firms Raise Alarms

Chris Riotta  •  May 14, 2026

Trump administration discussions on AI governance with China are colliding with reports that Washington may permit expanded Nvidia H200 chip sales to Chinese firms, fueling concerns that U.S. technology access could accelerate Beijing's frontier AI and military-linked ambitions.

Cyberwarfare / Nation-State Attacks

Mustang Panda Linked to New Modular FDMTP Backdoor

Tiffany Wang  •  May 14, 2026

An apparent Chinese nation-state hacking group gussied up its tooling with new modular functionality, say security researchers who observed a cyberespionage campaign affecting Asia-Pacific governments. The activity resembles attack patterns of the threat actor tracked as Mustang Panda

HIPAA/HITECH

What's Next for the Proposed HIPAA Security Rule Overhaul?

Marianne Kolbasuk McGee  •  May 14, 2026

Federal regulators are scheduled to issue a rule this month finalizing a proposed massive overhaul of the 23-year-old HIPAA Security Rule. Will the Department of Health and Human Services make the deadline, and what should HIPAA regulated organization expect?

Cybercrime

Breach Roundup: US Lawmakers Sound Alarm on AI Bug Hunters

Pooja Tikekar  •  May 14, 2026

This week, U.S. lawmakers urged action on AI, a BitLocker exploit. Škoda, Nvidia’s GeForce NOW partner and telehealth firm OpenLoop reported breaches. Patch Tuesday. A dark market operator sentenced and pro-Ukraine and Iranian-linked hacking. Nitrogen ransomware attack on Foxconn.

Artificial Intelligence & Machine Learning

ECB: AI Means European Banks Must Hasten Cybersecurity Pace

David Meyer  •  May 14, 2026

The European Central Bank added to mounting warnings sent to financial institutions that they must urgently act to protect their systems from artificial intelligence-enabled cyberattacks. British experts warned that gains in AI models' cyber capabilities appear to be accelerating.

Cybercrime

Belarus Hackers Target Ukraine With Spear-Phishing

Tiffany Wang  •  May 14, 2026

FrostyNeighbor, a Belarus-aligned cyberespionage group, has been targeting the military, defense and governmental entities in Ukraine through email spear-phishing since March. The long-running group uses lure documents disguised as web files to deliver Cobalt Strike malware while also exploiting a WinRAR vulnerability...

Blockchain & Cryptocurrency

Cryptohack Roundup: Banking Trojan Targets Crypto Firms

Rashmi Ramesh  •  May 14, 2026

This week, banking Trojan TCLBanker targeted crypto platforms, three people indicted in a violent digital assets-related robbery, Kelp DAO restarted services after the $292 million hack and the U.S. Department of the Treasury tightened oversight of Binance.

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Cybercrime as-a-service

Wielding Disruption: Strategies to Counter Ransomware Evolve

Mathew J. Schwartz  •  May 14, 2026

While ransomware threat actors are being targeted using arrests, infrastructure seizures, sanctions, indictments and public exposure, law enforcement and policymakers need to take a more systematic approach to gauging the impact and trade-offs of these efforts, said cybercrime expert Max Smeets.

Anti-Money Laundering (AML)

Understanding the Hidden Cost of Faster Payments

Suparna Goswami  •  May 14, 2026

So far, banks have managed to strike a balance between fraud prevention and customer convenience, often accepting a certain level of loss rather than introducing controls that could slow payments, increase false declines or drive customers to competitors.

Critical Infrastructure Security

Russian Attacks on Polish Water Utilities Use Fear as Weapon

Shaun Waterman  •  May 13, 2026

A spate of pro-Russian hacktivists attacks against Polish water facilities have illuminated a debate about the best way to defend water utilities and other critical service providers below the cyber poverty line, meaning they face a threat that they cannot afford to defend against.

Geo Focus: The United Kingdom

UK Plans Overhaul of Cybersecurity Law Stymieing Researchers

Chris Riotta  •  May 13, 2026

The British government has announced plans to update cybersecurity legislation aimed at strengthening the country's digital defenses - while overhauling outdated cybercrime authorities that officials and security researchers warn are no longer fit for modern threats

Agentic AI

IMF Warns AI Has Made Cyber Risk a Financial Stability Threat

Jennifer Lawinski  •  May 13, 2026

AI is simultaneously the biggest threat to financial system security and the most powerful tool for defending it. The IMF is sounding the alarm on systemic risk. Forrester principal analyst Allie Mellen breaks down what that means for CISOs and security teams at financial institutions.