Swiss rail manufacturer Stadler Rail refused a CHF 10 million ransom demand from the Everest ransomware gang after attackers accessed technical data from a supplier via a shared data exchange platform using compromised credentials. The company stated that no personal or security-relevant data was affected and that its own IT systems remained fully intact. Unusually, Stadler has not appeared on Everest's data leak site despite refusing to pay, which departs from the typical ransomware extortion playbook.