Halliburton Confirms Data Stolen in Cyberattack

Halliburton Confirms Data Stolen in Cyberattack

September 3, 2024 at 04:06PM

Halliburton confirmed data theft from its systems in a ransomware cyberattack, causing significant disruptions. It’s evaluating the extent of information accessed and is collaborating with law enforcement. The US government attributed the attack to a ransomware gang, and Halliburton activated its cyber response plan. The oil and gas industry has been targeted by ransomware actors.

The meeting notes indicate that Halliburton, a US oil service giant, experienced a ransomware cyberattack in August. The company acknowledged that corporate data was stolen from its computer systems and confirmed significant disruptions and limitation of access to portions of its IT systems. The attack was attributed to a known ransomware gang called RansomHub, as per a joint advisory issued by cybersecurity agencies.

In response to the breach, Halliburton activated its cybersecurity response plan, launched an internal investigation with external advisors, including proactively taking certain systems offline, and notified law enforcement. The company is evaluating the nature and scope of the stolen information and assessing necessary notifications. It’s also worth noting that the oil and gas industry has been a lucrative target for ransomware actors, as evidenced by previous incidents such as Colonial Pipeline’s $4.4 million ransom payment in 2021.

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