Stadler Rail Resists $123M Ransomware Extortion Attempt

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Stadler Rail Resists $123M Ransomware Extortion Attempt

Swiss train manufacturer Stadler Rail has publicly refused to pay a $123 million ransom demand following a major ransomware attack. The company confirmed that it is working with security experts to manage the incident and minimize operational impact. This refusal to negotiate with cybercriminals underscores a growing trend of organizations choosing to rebuild systems rather than fund illegal activities. What are the long-term risks for companies that publicly refuse to pay ransomware demands?

Source: https://www.theregister.com/security/2026/07/23/stadler-rail-scoffs-at-eversts-123m-extortion-attempts/5276922

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