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

Stadler Rail says the Everest ransomware group breached a supplier-shared data exchange and demanded about 10 million CHF in ransom; the company refused to pay, filed a criminal complaint, and reported no impact to IT or production and no theft of personal or security-relevant data. Everest is described as an extortion-focused group that now emphasizes data theft and initial-access brokerage rather than encrypting networks.