Not only that, but iOS 18.7.8 actually seems to be available to devices capable of running iOS 26 without any workarounds, unlike 18.7.3 through .6. It makes me wonder if those intermediate releases really were supposed to be available but weren't due to some issue on the distribution side that no one bothered to fix.
I think that was another attempt by Apple to push users to iOS 26, but after seeing how many people with compatible devices refuse to upgrade, they finally caved in and provided an update.
There seems to have been a change of mind, maybe also due to the severity of the exploits. The non-availability of security updates for models that are upgradable to a newer major version has been Apple's practice for many years now.
The way major upgrades are presented in the Settings UI makes it clear that users installing these security updates while not upgrading to a newer major version do so very intentionally. So Apple is now supporting these users deliberately.
Very serious vulns were being exploited in the wild, I think that's what forced their hand. I don't think Apple ever had a discrepancy like the one with iOS 18.7.3 through .6 being held back.
For those on iOS 18, beware that the update to iOS 18.7.8 will toggle Automatic Updates back on. Make sure to switch it back off so you don't wake up to a nasty surprise when iOS 26 is non-consensually forced onto your iPhone.