Oil Giant Halliburton Confirms Cyber Incident, Details Scarce

Oil Giant Halliburton Confirms Cyber Incident, Details Scarce

August 22, 2024 at 02:21PM

US oil giant Halliburton confirmed a cyberattack on its Houston offices, engaging external experts to investigate and mitigate the threat. The breach, with ransomware hallmarks, impacted the north Houston campus and global networks. The oil industry remains a lucrative target for ransomware, as seen with Colonial Pipeline’s $4.4 million ransom payment in 2021. SecurityWeek will update as necessary.

Key takeaways from the meeting notes are:

– Halliburton’s computer systems were recently hit by a cyberattack, impacting operations at its Houston, Texas offices and global connectivity networks.
– The company has engaged external experts to investigate and mitigate the threat, indicating severity and concern about potential data compromise.
– The attack bears the hallmarks of a ransomware incident, where sensitive data is typically encrypted and extorted for multi-million dollar demands.
– The oil and gas industry has been a target for ransomware attacks, with previous incidents like Colonial Pipeline shelling out $4.4 million to recover from a disruptive attack.
– SecurityWeek has reached out to Halliburton for further updates on the situation, indicating ongoing investigation and developments to be monitored.

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