September 3, 2024 at 09:00AM
Oil and gas company Halliburton confirmed to the SEC that data was stolen in a recent attack by RansomHub ransomware gang. The breach prompted disruptions to its systems and caused concern among customers. Halliburton is evaluating the scope of the breach and potential financial and customer impact, including risks of litigation and changes in customer behavior.
From the meeting notes, it is clear that Halliburton has confirmed to the SEC that data was stolen in a recent attack linked to the RansomHub ransomware gang. The company is currently evaluating the nature and scope of the breach and is determining what notifications are required.
The attack has led to operational disruptions and limitations of access to portions of the company’s business applications supporting its operations and corporate functions. Halliburton has not disclosed details of the attack to the media or its customers, causing concern to other firms with connections to its platform.
The company is now in the process of communicating with customers and other stakeholders about the incident and is assessing the need for notifications. It also acknowledges the risks of litigation and changes in customer behavior. Additionally, the financial impact is deemed unlikely to be material, but potential legal actions and reputation risks are not ruled out.