Hello. Bankers are seeing a sharp increase in the number of cybersecurity companies seeking to be acquired by their rivals, as the continuing AI race reshapes strategies and strains resources.

As Peter McKay, CEO of security company Snyk, told WSJ's James Rundle, inquiries are coming from some firms due to their inability to compete without a larger infrastructure to handle areas such as AI research and development. Read our full story.

Also today: Microsoft SharePoint Attacks: What to Know

• By Monday, cybersecurity investigators said that the SharePoint attacks were widespread. At least one of the “multiple” hacking groups involved in the attacks was linked to China, according to Google’s Mandiant cybersecurity group.
• Customers should disconnect their on-premises SharePoint servers from the internet until they can properly apply fixes, the Cybersecurity and Infrastructure Security Agency warned. 
• The U.K. National Cyber Security Centre said "a limited number" of local organizations had been compromised. 
• Eye Security, based in the Netherlands, said it has identified active exploitation of the software in four attack waves that started July 17. Where possible, the company is notifying victims, it said.
• Microsoft on Monday updated its guidance on how to deal with the vulnerabilities.

A dual citizen of the U.S. and China pleaded guilty to stealing trade secrets related to weapons-detection technology from a Los Angeles-area company. The man last year transferred more than 3,600 files from the unnamed company to his personal devices, the Justice Department said Monday. He is due to be sentenced Sept. 29 and faces up to 10 years in prison. 

The WSJ Pro Cybersecurity team is Deputy Bureau Chief Kim S. Nash and reporters Angus Loten, James Rundle and Catherine Stupp. Follow us on X @WSJCyber. Reach the team by replying to any newsletter you receive or by emailing Kim at kim.nash@wsj.com.