Stadler Rail Rejects $12.3M Ransom Demand from Everest Ransomware Gang

Stadler Rail Rejects $12.3M Ransom Demand from Everest Ransomware Gang

First seen 23 Jul 2026, 01:23 UTC BleepingcomputerFeeds.FeedburnerFeeds2.FeedburnerTheregisterRescana+3 36.9

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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.

Key Points: • Stadler Rail refused to pay a $12.3 million ransom demand from the Everest ransomware gang. • The breach involved non-security-relevant technical data accessed through a supplier's platform. • Stadler's IT systems and production operations remained unaffected by the attack.

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Timeline

2026-07-15
Data breach occurs
Everest ransomware gang breaches Stadler's supplier platform, stealing technical information.
Bleepingcomputer
2026-07-22
Stadler announces refusal to pay ransom
Stadler confirms it received a ransom demand and will not pay, filing a police complaint instead.
Theregister
2026-07-22
Details of the breach disclosed
Stadler reports that no security-relevant data was affected and its operations continue normally.
Feeds.Feedburner
2026-07-23
Stadler's absence from Everest's data leak site noted
Despite refusing to pay, Stadler is not listed on Everest's data leak site, which is atypical for such incidents.
Theregister