Back Feeds2.Feedburner

Swiss rail manufacturer Stadler refuses to pay $12.3 million ransom after cyberattack

Feeds2.Feedburner •Sinisa Markovic • July 23, 2026

Cybercriminal group Everest is demanding 10 million Swiss francs ($12.3 million) from Swiss rail vehicle manufacturer Stadler after breaching a data exchange platform shared with one of its suppliers through compromised credentials. Stadler operates 16 production and component plants and eight engineering centers, backed by a global service network of more than 95 locations, and employs over 17,100 people from over 75 countries. The Swiss company confirmed it received an extortion letter in which the … More →

The full story

This article is one source in a clustered incident — the cluster page carries the summary, timeline and every other outlet covering it.

Stadler Rail Rejects $12.3M Ransom Demand from Everest Ransomware Gang Swiss rail manufacturer Stadler Rail confirmed a cyberattack by the Everest ransomware gang, which demanded a ransom of CHF 10 million ($12.3 million) after breaching a data exchange platform shared with a supplier. The attack, which occurred in mid-July 2026, involved the theft of non-security-relevant technical information. Stadler stated that its own IT systems and production operations were not affected and continue to function normally. The company has filed a criminal complaint with local authorities and emphasized its policy against paying ransoms. As of the latest reports, Stadler is not listed on Everest's data leak site, which is unusual given the typical extortion playbook. The Everest group has shifted from encryption-based attacks to data theft and extortion since its emergence in 2020. This incident follows a similar cybersecurity event that Stadler experienced in 2020, though details of that attack were not fully disclosed. 5 sources 37

Extracted Entities

Swiss rail manufacturer Stadler refuses to pay $12.3 million ransom after cyberattack

The full story

Extracted Entities

Attack Types (1)

Companies (1)

MITRE ATT&CK (1)