Irshad Ahamed

The February 28 launch of Operation Epic Fury has pushed the Iran–Israel conflict into an open multi-domain war. While the strikes occurred in the Middle East, the ripple effects are already reaching Southeast Asia, where cyber operations, energy disruptions, financial sanctions, and geopolitical tensions could create immediate risk for governments, businesses, and critical infrastructure. This briefing explains why the region may soon find itself on the frontline of a wider cyber and economic confrontation.

CloudSEK researchers have uncovered ZHGUI, a sophisticated China-linked cryptocurrency scam targeting Southeast Asian investors. Disguised as a compliant U.S. exchange using fake regulatory credentials, ZHGUI employs "pig-butchering" social engineering and mirror-exchange infrastructure to siphon millions in USDT. Discover the technical indicators and on-chain evidence behind this global fraud network.