IMF chief calls for stronger cooperation on AI-related cybersecurity risks

International Monetary Fund (IMF) Managing Director Kristalina Georgieva has called for greater international cooperation to address cybersecurity risks associated with advanced AI systems, warning that rapidly evolving AI capabilities could pose challenges for the global financial system if misused.

Speaking to journalists in Brussels, Georgieva said new AI models are increasing the ability to identify cybersecurity vulnerabilities at a scale previously unavailable. She noted that these capabilities can support efforts to strengthen cyber defences by helping organisations detect and address weaknesses more quickly.

At the same time, Georgieva said the same capabilities could be misused by malicious actors. Referring to recent developments in advanced AI systems, she said that frontier models can be used positively to identify cybersecurity vulnerabilities but that, ‘in the wrong hands,’ those capabilities could be directed against financial infrastructure.

Her comments come amid growing discussion among policymakers, regulators, and financial institutions about the implications of increasingly capable AI systems for cybersecurity and financial stability. Earlier this year, Georgieva warned that the international monetary system was not adequately prepared to address rapidly evolving AI-related cyber risks and called for greater attention to safeguards needed to protect financial stability.

According to Georgieva, stronger cooperation will be necessary across countries and sectors to address these risks. She highlighted the importance of collaboration between advanced and developing economies, as well as between public institutions and private-sector actors responsible for critical digital infrastructure.

She also pointed to the interconnected nature of the global financial system, arguing that vulnerabilities in one jurisdiction can have wider implications. Because financial systems are closely linked across borders, weaknesses in cybersecurity protections may create risks beyond the countries where they originate.

In addition to cooperation, Georgieva stressed the importance of investing in cyber resilience. She said governments should consider cybersecurity requirements when planning public spending and ensure that sufficient resources are available to strengthen defences against evolving threats.

Her remarks align with broader concerns raised by financial authorities regarding the growing role of AI in cybersecurity. While advanced models may help identify vulnerabilities and improve defensive capabilities, they may also lower barriers for conducting sophisticated cyber operations. Financial institutions and regulators have increasingly examined how to strengthen preparedness and resilience in response to these developments.

Georgieva also referred to broader risks associated with rapid AI adoption, including the potential for market volatility driven to changing expectations for AI technologies. She described such risks as low-probability but potentially high-impact events.

The IMF has previously highlighted the economic implications of AI, including its potential effects on labour markets and productivity. Georgieva has argued that governments should prepare for significant technological change while ensuring that the benefits of AI are broadly shared.

Why does it matter?

The comments in Brussels place cybersecurity and financial resilience at the centre of ongoing discussions about AI governance. As governments, regulators, and financial institutions continue to assess the implications of increasingly capable AI systems, questions around international cooperation, preparedness, and cyber resilience are expected to remain a key focus of policy discussions.

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EU tests cyber crisis response for rail and maritime networks

The European Commission has carried out Cyber Europe 2026, a large-scale cybersecurity exercise testing how Europe would respond to attacks on rail and maritime transport networks.

Organised by the EU Agency for Cybersecurity, the exercise took place on 10 and 11 June and involved around 5,000 experts from across the EU, industry and partner countries. Participants included cybersecurity specialists from the public and private sectors, policymakers, the EU institutions and representatives from the UK, Norway, Switzerland and Ukraine.

The scenario simulated cyberattacks on Europe’s rail and maritime networks, causing severe operational disruption and escalating into a wider cybersecurity crisis. The exercise was designed to test coordination between authorities, industry and institutions during a major cross-border incident affecting critical transport infrastructure.

Cyber Europe 2026 was also the first EU-wide test of the 2025 EU Cyber Blueprint, which clarifies roles and responsibilities during a cyber crisis. The exercise also tested the Cybersecurity Reserve, created under the Cyber Solidarity Act to provide support during significant cybersecurity incidents.

The Commission said lessons from the exercise will help consolidate the Cyber Blueprint and embed cyber crisis management more firmly into the EU’s wider emergency preparedness and response frameworks.

Why does it matter?

Transport networks are critical infrastructure, and cyber incidents affecting ports, railways or logistics systems can disrupt trade, supply chains, military mobility and emergency response across borders. Cyber Europe 2026 is important because it tests not only technical response, but also EU-level coordination, crisis decision-making and support mechanisms under newer cyber resilience tools such as the Cyber Blueprint and Cybersecurity Reserve.

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Anthropic launches Claude Fable 5 with advanced safety safeguards

Anthropic has launched Claude Fable 5, a new general-purpose AI model, alongside Claude Mythos 5, a more capable version reserved for selected cyber defence and infrastructure partners.

The company described Fable 5 as its most capable generally available model to date, with strong performance across software engineering, knowledge work, vision and scientific research. Anthropic said the model’s advanced capabilities pose misuse risks, particularly in cybersecurity and research biology.

To reduce those risks, Fable 5 includes additional safety classifiers designed to detect potential misuse, including attempts to bypass safeguards. When certain high-risk requests are detected, users may receive a response from Anthropic’s next-most-capable model, Claude Opus 4.8, rather than Fable 5.

Anthropic said the safeguards have been tuned conservatively and may sometimes block benign requests. According to the company, the fallback mechanism is triggered in less than 5% of sessions on average.

Claude Mythos 5 uses the same underlying model as Fable 5, but with some safeguards lifted in specific areas. Anthropic said it will initially deploy Mythos 5 through Project Glasswing, in collaboration with the US government, for a limited group of cyber defenders and critical software infrastructure providers.

The launch highlights a growing model governance approach in which access to frontier AI capabilities is tiered according to use case and risk. Anthropic said it plans to expand trusted access to Mythos 5 while continuing to refine safeguards for broader public use.

Why does it matter?

The release shows how frontier AI providers are increasingly linking capability deployment to access controls, model routing and domain-specific safeguards. As advanced systems become more useful for software engineering, cybersecurity and scientific research, companies face pressure to provide broad access while limiting misuse in dual-use areas. Anthropic’s split between Fable 5 and Mythos 5 reflects a wider governance question: who should receive access to the most capable AI systems, under what conditions, and with what oversight.

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Study warns of self-replicating AI malware using real-time reasoning

Cybersecurity researchers have demonstrated an AI-powered computer worm capable of identifying vulnerabilities, generating attack strategies and spreading autonomously across networks. The study suggests that advances in AI agents could enable a new class of adaptive cyber threats capable of operating with minimal or no direct human intervention.

The research, conducted by teams from the University of Toronto, Vector Institute, University of Cambridge, and ServiceNow, describes malware that uses large language models to tailor its behaviour to each target. Unlike traditional worms, the system can adapt its attack methods in real time instead of relying solely on pre-programmed exploits.

Testing in a controlled virtual environment showed the system could successfully compromise multiple machines and replicate across a simulated network over several days. The worm also operated without relying on cloud infrastructure, running AI models locally on infected systems and using those resources to support its operations.

Researchers warned that such capabilities could signal a shift towards what they describe as ‘autonomous generative adversaries’ and stressed the need for stronger detection systems, evaluation frameworks and governance mechanisms. While details were limited to reduce misuse risks, the authors said the findings reflect how rapidly AI-enabled cyber capabilities are evolving.

Why does it matter? 

The research signals a shift in cyber risk from static, signature-based malware to autonomous systems capable of reasoning, adapting, and scaling attacks without human input.

As AI models become more capable and widely deployed, the line between tool and autonomous threat blurs, increasing pressure on cybersecurity systems, patching cycles, and regulation to keep up with real-time, evolving attacks.

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Canada warns of cyber threats targeting FIFA World Cup 2026

Canada’s Cyber Centre has warned that the FIFA World Cup 2026 will almost certainly attract cyber threat activity from cybercriminals, non-state actors and state-sponsored actors.

The tournament will run from 11 June to 19 July 2026 across Canada, the US and Mexico, with 104 matches in 16 cities. The Cyber Centre said the event’s global visibility, complex supporting infrastructure and broad ecosystem of suppliers and services create a large attack surface.

According to the bulletin, cybercriminals are expected to exploit public interest in the tournament through phishing, social engineering, ticket scams, fraudulent travel offers, fake livestreaming services, malicious apps and other forms of online fraud. The Cyber Centre cited research identifying more than 4,300 likely fraudulent domain registrations linked to the tournament as of August 2025.

Organisations connected to the event, including travel, hospitality, ticketing, broadcasting, telecommunications, utilities and transport providers, could also face ransomware, distributed denial-of-service attacks and website defacement. The Cyber Centre said attackers may target entities in the wider tournament ecosystem to maximise publicity, even when their targets are not part of the core World Cup infrastructure.

The bulletin also warned that threat actors are very likely to use the event for disinformation and influence activity, including campaigns involving AI-generated articles, images, videos and deepfakes. It found that there is roughly an even chance of disruptive state-sponsored cyber activity, depending on geopolitical tensions involving host nations or participating countries.

Canadian authorities urged fans, attendees, athletes, government officials and organisations linked to the tournament to strengthen cybersecurity practices and prepare for scams, disruptive attacks and information manipulation during the event.

Why does it matter?

The bulletin treats the World Cup as more than a sports event. It frames major tournaments as digitally dependent public safety environments involving ticketing systems, broadcasters, transport networks, hotels, mobile communications, local authorities and critical infrastructure. Cyber incidents during such events can cause financial loss, service disruption, data exposure, emergency communication risks and information manipulation, making cybersecurity part of event resilience and public trust.

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UN Cybercrime Convention Protocol talks reveal competing visions

The process of developing a supplementary protocol to the UN Convention against Cybercrime has begun, with early state submissions already showing competing views over its scope and timing.

The Ad Hoc Committee Secretariat invited preliminary written inputs on the possible scope, objectives and structure of a draft protocol supplementary to the Convention, also known as the ‘Hanoi Convention’. The mandate follows UN General Assembly resolution 79/243, which asked the Committee to negotiate a draft protocol addressing, among other issues, additional criminal offences.

The United States questioned the exercise’s premise, arguing that discussions on a supplementary protocol are premature because the Convention has not yet entered into force and its implementation has not yet been tested. Washington called for the Committee first to address whether a protocol is needed at all before discussing its scope, objectives and structure.

Russia, by contrast, submitted a draft protocol text covering a broad range of offences, including terrorism financing, extremism, arms and drug trafficking, critical information infrastructure, unauthorised access to personal data and crimes involving AI. The proposal reflects a wider approach to criminalisation, including content-related offences that are likely to be contested by states concerned about overreach, legal certainty and human rights safeguards.

Other early submissions appear more cautious. Brazil, Nigeria, and Ecuador broadly support advancing the protocol process, while signalling the need to limit its scope and maintain attention to safeguards. Brazil warned against including offences where there is insufficient international consensus, while Ecuador proposed a structure that includes emerging offences, digital evidence, public-private cooperation, proportionality and human rights.

The early inputs point to a familiar divide in UN cybercrime negotiations: whether the treaty framework should remain focused on classical cybercrime, electronic evidence and criminal justice cooperation, or expand further into content-based offences, national security concerns and politically sensitive forms of online conduct.

Why does it matter?

A supplementary protocol could shape the evolution of the UN cybercrime framework after the adoption of the main Convention. If states use the protocol to add broad or content-related offences, the treaty system could move beyond core cybercrime and electronic evidence cooperation into areas with direct implications for freedom of expression, human rights safeguards, political speech, platform governance and state sovereignty. The early submissions suggest that those unresolved tensions are already resurfacing before the Convention has entered into force.

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European Commission welcomes the new G7 cybersecurity declaration

The European Commission has welcomed a new G7 Cybersecurity Working Group Declaration aimed at strengthening international cooperation in response to growing cyber threats.

Adopted under France’s G7 Presidency, the declaration calls for coordinated action to address cybersecurity challenges associated with quantum computing, AI, telecommunications infrastructure, and the protection of small and medium-sized enterprises (SMEs).

One of the declaration’s central priorities is accelerating the transition to post-quantum cryptography. As quantum computing capabilities continue to advance, governments and industry are being urged to accelerate preparations for new encryption standards capable of resisting future quantum attacks. The declaration describes migration to quantum-resistant encryption as an urgent cybersecurity priority that organisations should begin addressing now.

AI is another major focus of the declaration. The G7 declaration recognises that AI can both strengthen and threaten cybersecurity. Concerns include AI-enabled cyberattacks, model manipulation, data breaches, and software vulnerabilities.

The European Commission noted that it is preparing an action plan on AI and cybersecurity to help Member States and businesses address emerging risks while strengthening Europe’s cyber resilience.

The declaration also emphasises the importance of resilient telecommunications infrastructure and stronger protection for SMEs. Building on initiatives such as the NIS2 Directive and the Cyber Resilience Act, the EU said it will continue working with international partners to strengthen cybersecurity standards, protect critical infrastructure and support organisations facing increasingly sophisticated cyber threats.

Why does it matter?

The declaration reflects growing international recognition that cybersecurity challenges are increasingly transnational and require coordinated responses. Emerging technologies such as AI and quantum computing are creating new opportunities for innovation, but also introducing new vulnerabilities that could affect governments, businesses and critical infrastructure.

The emphasis on post-quantum cryptography is particularly significant, as organisations worldwide face the long-term challenge of protecting sensitive data against future quantum-enabled attacks. The declaration also highlights the growing importance of international cooperation in building cyber resilience and securing digital ecosystems.

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Anthropic offers ENISA access to advanced AI security model

Anthropic has invited the European Commission to facilitate access for ENISA, the EU agency for cybersecurity, to its cybersecurity-focused AI model Mythos, according to Bloomberg. The invitation followed a meeting between Anthropic and the Commission in San Francisco on 29 May. The EU must now establish a mechanism with appropriate security safeguards before access can be implemented; an ENISA official confirmed the agency does not currently have active access.

Anthropic unveiled Mythos in April, describing it as a model capable of identifying and exploiting cybersecurity vulnerabilities at a level that surpasses most human experts. Bloomberg reported on 2 June that ENISA was set to receive access to the model.

European Commission spokesperson Thomas Regnier welcomed the development, saying that access could help authorities build a clearer understanding of potential risks as increasingly capable AI models enter the market. The invitation follows calls from European policymakers and cybersecurity officials for greater access to advanced AI systems and for the development of comparable European capabilities.

Why does it matter?

The emergence of AI models capable of identifying software vulnerabilities at scale is reshaping cybersecurity risk assessments for governments, regulators and critical infrastructure operators. Access to such systems can help authorities better understand their capabilities, evaluate potential threats and develop appropriate safeguards.

For the EU, granting ENISA access to Mythos could support evidence-based policymaking and strengthen preparedness as increasingly powerful cybersecurity-focused AI models become available. The move also highlights a broader challenge: ensuring that public institutions can keep pace with rapidly advancing AI capabilities.

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Supply chain attack compromises Red Hat software packages on npm

Security researchers at Aikido and JFrog identified malicious code in more than 30 software packages published through a verified Red Hat Cloud Services account on npm, the widely used software package repository for developers. The packages are used across cloud application development and are installed by developers and automated systems worldwide.

According to the researchers, the attackers did not initially target individual developers. Instead, evidence suggests they gained access to the automated pipeline used to publish Red Hat Cloud Services packages to npm. Evidence indicates they gained access to the automated pipeline that publishes Red Hat Cloud Services software to npm, allowing them to distribute modified packages through an officially trusted channel. Developers and organisations following standard security practice, only installing software from verified, trusted sources, would have had no reason to suspect these packages.

Systems that installed the affected packages from 1 June onward may have executed hidden malicious code capable of harvesting credentials and transmitting them to the attackers. That code collected a wide range of credentials from the affected machine: access keys for Amazon, Google, and Microsoft cloud services; tokens used in automated software pipelines; passwords stored in cloud-based vaults; and credentials for a range of developer tools. The collected data was then transmitted to the attackers.

Researchers said the malware attempted to disguise its outbound communications by mimicking requests to an Anthropic-related service address, potentially making malicious traffic less conspicuous in network logs. The specific path used does not correspond to any real Anthropic end point, but its appearance in network logs would be inconspicuous at organisations using Anthropic products. Network defenders should treat any automated process contacting that address as a potential indicator of compromise.

The malware also installs persistent background processes that survive system restarts, and embeds hooks into several widely used AI coding assistants and developer tools. Researchers also warned that the malware may delete files if compromised credentials are revoked before the malicious software is fully removed from the affected system. Organisations investigating this incident should remove all traces of the malware before revoking any compromised credentials.

Aikido and JFrog have published a list of affected package versions and recommend treating any system that installed them on or after 1 June 2026 as potentially compromised until investigated.

Why does it matter?

Software supply chain attacks are particularly difficult to defend against because they exploit trusted distribution channels rather than relying on phishing, malware downloads or other forms of user error. In this case, developers and organisations installing software from a verified source could have unknowingly introduced malicious code into their environments.

The incident also highlights growing concerns around the security of software publishing infrastructure. As organisations increasingly depend on open-source components and automated development pipelines, compromises affecting trusted repositories can have far-reaching consequences across cloud environments, development systems and critical digital services.

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White House launches new AI security framework for frontier models

US President Donald Trump has signed an executive order aimed at advancing AI innovation while strengthening cybersecurity protections across government networks and critical infrastructure sectors.

The order directs federal agencies to strengthen cyber defences and expand the use of AI-powered security tools. Several federal departments have been given 30-day deadlines to begin implementing additional protections for national security systems, civilian government networks and critical infrastructure operators.

A central element of the initiative is the creation of an AI cybersecurity clearinghouse that will work with technology companies and infrastructure providers to identify software vulnerabilities, coordinate security research and support faster patch deployment.

Federal officials will also examine funding opportunities for projects focused on advanced AI vulnerability detection and expand cybersecurity recruitment programmes.

The executive order also introduces a voluntary framework for developers of advanced AI models. Under the framework, companies may choose to work with the government to determine whether their systems qualify as frontier AI models and provide secure early access for cybersecurity assessments prior to broader deployment.

Administration officials emphasised that the framework does not create mandatory licensing or government approval requirements for the release of new AI technologies.

Why does it matter? 

The order signals a US strategy of accelerating AI development while addressing emerging national security risks, reflecting growing competition among major economies to lead the next generation of advanced technologies.

Its emphasis on voluntary collaboration rather than strict regulation could influence how other countries approach AI governance, innovation and cybersecurity in the years ahead.

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