Swiss train maker Stadler refuses Everest $12 million ransomware demand

Swiss train manufacturer Stadler Rail reported that credentials to a supplier's file-sharing platform were compromised in mid-July, resulting in theft of supplier technical documents and an extortion demand of 10 million CHF by the Everest ransomware group; Stadler said its own systems and production were unaffected, has filed a criminal complaint, and refused to pay. The report notes this is a repeat extortion attempt (a 2020 incident is referenced) and situates Everest as an active Russian-speaking ransomware/extortion group that targets critical infrastructure and third-party vendors.