Halliburton Remains Optimistic Amid $35M Data Breach Losses

November 11, 2024 at 05:17PM Halliburton Company reported $35 million in losses following a ransomware attack in August. The breach, attributed to the RansomHub gang, led to unauthorized data access and system shutdowns. Despite the incident, Halliburton anticipates minimal financial impact, with only a $0.02 per share effect on adjusted earnings. Investigations continue. ### Meeting … Read more

Halliburton reports $35 million loss after ransomware attack

November 11, 2024 at 10:36AM Halliburton suffered $35 million in losses due to an August ransomware attack by the RansomHub gang, which disrupted IT systems and client services. Despite limited operational impact, data was stolen. The company reported minimal financial effects, with expectations for cash flow remaining intact but potential future legal costs looming. ### … Read more

Halliburton says ransomware attack led to $35 million in losses

November 11, 2024 at 10:28AM Halliburton faced a $35 million loss due to an August ransomware attack by the RansomHub gang, which led to IT shutdowns and customer disconnections. Despite the breach, the company anticipates limited financial impact, reporting only a minor effect on earnings. Ongoing investigations are examining the scope of stolen data. **Meeting … Read more

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 … Read more

Halliburton Data Stolen in Oil-Sector Attack

September 3, 2024 at 12:24PM Halliburton confirms data theft in Aug. 21 cyberattack on its networks. The energy services company, a major player in oil and fracking, believes an unauthorized third party accessed and extracted information. Details of the incident remain undisclosed, but the company is working on restoring systems and doesn’t expect a significant … Read more

Halliburton cyberattack linked to RansomHub ransomware gang

August 29, 2024 at 05:13PM The RansomHub ransomware gang orchestrated a cyberattack on oil and gas services company Halliburton, resulting in significant disruption to its IT systems and business operations. Based on the meeting notes, it’s clear that the RansomHub ransomware gang was responsible for the cyberattack on Halliburton. This attack disrupted the company’s IT … Read more

US oil giant Halliburton confirms cyberattack behind systems shutdown

August 23, 2024 at 12:03PM Halliburton, a major energy industry service provider, has verified a cyberattack, leading to the shutdown of some systems. Based on the meeting notes, it seems that Halliburton, a major provider of services to the energy industry, has experienced a cyberattack that resulted in the shutdown of some of its systems. … Read more

Halliburton probes ‘issue’ that has impacted company systems

August 22, 2024 at 12:52PM Halliburton is investigating a disruption in business operations and global networks, suspected to be a cyberattack. While it declined to confirm, reports suggest a digital intrusion affected operations at its Houston campus and global networks. The company activated a response plan and is working with external experts. Cyberattacks on critical … Read more