Swiss train maker tells ransomware crooks to get off at the next stop

Summary

Swiss train manufacturer Stadler has refused to pay a $12.3 million ransom demand from a ransomware group. The attackers claimed to have stolen technical data from Stadler through a compromised supplier platform.

IFF Assessment

FOE

This is bad news for defenders as it highlights a successful ransomware attack that exfiltrated data, and the attackers are demanding a significant ransom.

Defender Context

This incident underscores the persistent threat of ransomware and the importance of securing supply chains. Defenders should focus on robust third-party risk management, strong access controls, and comprehensive incident response plans to mitigate similar attacks.

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