Breach
Swiss rail manufacturer Stadler refuses to pay $12.3 million ransom after cyberattack
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 pl
Help Net Security··3 min read
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 post Swiss rail manufacturer Stadler refuses to pay $12.3 million ransom after cyberattack appeared first on Help Net Security.