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Swiss train maker Stadler refuses Everest $12 million ransomware demand

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ransomware

Swiss train maker Stadler refuses Everest $12 million ransomware demand

Stadler Rail, a Swiss train manufacturer, declined to pay a $12.3 million ransom demand from cybercriminals who obtained technical data through a compromised supplier's file-sharing platform.

Why it matters: Manufacturers and their supply chain partners face ongoing ransomware extortion targeting sensitive technical data; practitioners should review supplier security controls and establish incident response protocols for third-party compromises.

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