Swiss rail giant Stadler rejects $12.3M ransom demand after cyberattack

Swiss rail manufacturer Stadler Rail was targeted by the Everest ransomware gang, which stole technical data from a supplier's shared data exchange platform and demanded a $12.3 million ransom. Stadler confirmed the breach but stated that its IT systems and global production operations were unaffected. The company refused to pay the ransom and filed a criminal complaint, asserting that no personal or security-relevant data was compromised.

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