Extortion stories
Canadian firms are being hit by ransomware at 18.2% versus a 9.0% global average, with web-delivered attacks now overtaking email.
Data theft is now driving ransom demands, with average payments rising and attackers increasingly targeting senior staff at exposed companies.
Manufacturers, hospitals and service firms face escalating extortion threats as organised crime drives most attacks across Australasia.
Defenders now have minutes, not hours, as attackers use agentic AI to automate credential theft, scanning and extortion across live operations.
North America and Europe bore most of the 894 July ransomware incidents as NCC Group warned AI tools are accelerating attacks.
Industrial operators faced sustained pressure in July, as ransomware attacks hit 894 cases and AI-assisted tactics began to reshape threats.
Stolen credentials and AI-generated phishing are accelerating attacks, as Flashpoint tracked 22 million illicit discussions and 7.4 million infected hosts.
More groups are now driving attacks, leaving victim numbers flat even as ransomware operations reached a record 93 active crews in the quarter.
More than a third of ransom-paying organisations in Australia and New Zealand still failed to restore systems cleanly, a survey found.
Mac users were lured via Google ads and shared Claude chats into installing malware that steals passwords, files and wallet data.
Business and public sector organisations faced 2,270 attacks a week in June, as ransomware rose 33% and GenAI use exposed sensitive data.
Consumers on hospitality and eCommerce sites are at risk of having passwords and payment details stolen through fake webpages run by the platform.
Almost half of ransomware victims discovered breaches only after data theft, underscoring how attackers are evading detection for weeks.
Existing phishing and fraud tactics are becoming faster, cheaper and harder to detect, raising the risk for large organisations, ReliaQuest said.
Boards are being urged to beef up defences as AI tools may soon help criminals automate attacks and target New Zealand organisations more precisely.
Phishing and fraud still drive most insured cyber losses, as artificial intelligence makes familiar scams more effective for clients.
Factory downtime risks and supply chain disruption have made UK manufacturing the country's most targeted sector for ransomware, SonicWall said.
Customers face heightened scam risks as Origin Energy investigates claims that a hacker accessed two million records and alerted regulators.
Mid-market firms in financial, insurance and consulting services face the highest ransomware risk, with attacks now striking faster and costing far more.
Ransomware attacks spread through vendor systems and AI-aided tactics, leaving 7,551 publicly disclosed victims in the latest 12-month period.