Halliburton Hit by Cyberattack, Operations Disrupted

In Cybersecurity News - Original News Source is cybersecuritynews.com by Blog Writer

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Halliburton, a leading oilfield services company, is currently grappling with a significant cyberattack that has disrupted operations at its Houston campus and affected some of its global networks.

A person familiar with the situation first reported the incident to Reuters, who spoke on condition of anonymity due to the sensitivity of the matter.

The company has not officially confirmed the cyberattack but acknowledged an “issue” affecting certain systems. In a statement, a Halliburton spokesperson said, “We are aware of an issue affecting certain company systems and are working diligently to assess the cause and potential impact. We have activated our pre-planned response plan and are working internally and with leading experts to remediate the issue”.

While the specifics of the attack remain undisclosed, the impact on business operations is evident. Employees at the North Houston campus have been advised not to connect to internal networks, and the company is collaborating with cybersecurity experts to resolve the situation, Reuters reported.

Cyberattacks have become increasingly common in the energy sector, posing significant challenges to companies involved in critical infrastructure.

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The 2021 ransomware attack on the Colonial Pipeline is a stark reminder of the potential consequences, which included fuel shortages and price spikes across the United States. Such incidents highlight the vulnerability of essential services to cyber threats and the need for robust cybersecurity measures.

Halliburton, which operates in over 70 countries and employs nearly 48,000 people, is one of the world’s largest oilfield services firms. The company provides drilling services and equipment to major energy producers globally.

Given its extensive operations, the cyberattack raises concerns about the broader implications for the energy industry and the potential for similar incidents in the future.

The Energy Department and the American Petroleum Institute have not yet commented on the situation, leaving the industry on high alert as details continue to emerge. The attack underscores the growing threat of cyber-enabled economic warfare, where malicious actors target critical economic assets to cause disruption and financial loss.

Halliburton is working to reduce the impact of the attack. This incident reminds us how important it is to keep vital infrastructure safe from cyber attacks. The company has told stakeholders that it is taking all necessary steps to solve the problem and get back to normal as fast as possible.

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