Is this email difficult to read? View it in a web browser. ›

The Wall Street Journal ProThe Wall Street Journal Pro

CybersecurityCybersecurity

Sponsored by Zscaler logo.

How Cybercrime Became a Leading Industry in ‘Scambodia’

By Kim S. Nash

 

Hello. A gold-hued skyscraper is rising above the traffic-clogged streets of the capital city on the Mekong River.

The building is already Cambodia’s tallest structure—and a monument to the spoils generated by transnational cybergangs that have stolen billions of dollars from unsuspecting Americans and others worldwide.

The skyscraper is being built by a company under sanctions by the U.S. Treasury Department for its alleged connection to one of hundreds of scam operations that have cropped up across Cambodia. Read the full WSJ story.

More news below. 

 

‏‏‎ ‎

CONTENT FROM: ZSCALER
AI Breaches in Minutes? Eliminate Your Attack Surface

Frontier AI models like Anthropic’s Mythos can compress breach timelines to minutes. The best defense is to remove what attackers can see. Zscaler helps you take critical apps off the public internet, give access only to the right people, and reduce business risk thus limiting disruption and protecting uptime. Don't wait for the breach, eliminate your attack surface today.

Read the report

 

More Cyber News

PHOTO: GRAEME SLOAN/BLOOMBERG

A compromise House proposal to renew a powerful national-security surveillance program for five years failed to advance Friday. With no immediate path forward, the House and Senate voted to extend Section 702 of the Foreign Intelligence Surveillance Act until April 30. (WSJ)

Happening Tuesday: Two House subcommittees plan a joint hearing on online scams and crypto fraud, with testimony from Cynthia Kaiser, senior vice president of the Halcyon Ransomware Research Center, and others. Tune in at 10:00 a.m. ET. 

The U.K.'s offshore energy industry on Tuesday plans to test response plans to cyber and physical attacks conducted with drones and boats. Under Exercise Granite Resolve, simulated attacks will test offshore and on-land teams who are members of the Offshore Energy UK trade group.

Wealth-management firm Ameriprise Financial is notifying nearly 48,000 customers that their private data was compromised in a breach in March. No unauthorized transactions or movement of funds happened as a result of the incident, Ameriprise said. 

Settlement: MGM Resorts International agreed to pay $4 million to settle three Canadian lawsuits over two data breaches, in 2019 and 2023. MGM customers with claims of documented harm can receive up to $20,000. Others can receive $150 if they were breached in one incident or $300 for both. 

ILLUSTRATION: ELENA SCOTTI/WSJ; ISTOCK

You’re about to see a lot of critical software updates. Don’t ignore them. Anthropic’s newest, as-yet-unreleased AI model is a hacker’s dream, so here’s the cybersecurity advice you need to start taking seriously right now. (WSJ)

44%

Portion of cyberattacks against the auto industry last year attributed to ransomware gangs, according to research from Halcyon. That's more than double the percentage in 2024. 

 

Enforcement

PHOTO: WILL DUNHAM

/REUTERS

A Tennessee man who pleaded guilty in January to hacking an electronic document filing system at the U.S. Supreme Court in 2023 received a sentence of one year of probation. Nicholas Moore, 24 years old, also hacked into systems at the Veterans Affairs and AmeriCorps. (TechCrunch)

  • Separately, another Tennessee man was sentenced to 30 months in federal prison for his role in a 2022 cyberattack against DraftKings, an online betting system. Kamerin Stokes, age 23, worked with other hackers to access about 60,000 DraftKings accounts, the Justice Department said. (SecurityWeek)
 

About Us

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

 
Share this email with a friend.
Forward ›
Forwarded this email by a friend?
Sign Up Here ›
 
Desktop, tablet and mobile. Desktop, tablet and mobile.
Access WSJ‌.com and our mobile apps. Subscribe
Apple app store icon. Google app store icon.
Unsubscribe   |    Newsletters & Alerts   |    Contact Us   |    Privacy Notice   |    Cookie Notice
Dow Jones & Company, Inc. 4300 U.S. Ro‌ute 1 No‌rth Monm‌outh Junc‌tion, N‌J 088‌52
You are currently subscribed as [email address suppressed]. For further assistance, please contact Customer Service at pro‌newsletter@dowjones.com or 1-87‌7-975-6246.
Copyright 2026 Dow Jones & Company, Inc.   |   All Rights Reserved.
Unsubscribe