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TOP US OILFIELD FIRM HALLIBURTON HIT BY CYBERATTACK, SOURCE SAYS

By Liz Hampton
August 21, 202411:48 PM GMT+2Updated a day ago
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Item 1 of 2 Participants observe a presentation at Halliburton's booth at the
World Petroleum Congress in Houston, Texas, U.S. December 7, 2021. Picture taken
December 7, 2021. REUTERS/Liz Hampton/File Photo
[1/2]Participants observe a presentation at Halliburton's booth at the World
Petroleum Congress in Houston, Texas, U.S. December 7, 2021. Picture taken
December 7, 2021. REUTERS/Liz Hampton/File Photo Purchase Licensing Rights,
opens new tab

HOUSTON, Aug 21 (Reuters) - U.S. oilfield services firm Halliburton (HAL.N),
opens new tab on Wednesday was hit by a cyberattack, according to a person
familiar with the matter.
Halliburton said it was aware of an issue affecting certain systems at the
company and was working to determine the cause and impact of the problem. The
company was also working with "leading external experts" to fix the issue, a
spokesperson said in an emailed statement.
Advertisement · Scroll to continue

The attack appeared to impact business operations at the company's north Houston
campus, as well as some global connectivity networks, the person said, who
declined to be identified because they were not authorized to speak on the
record.
The company has asked some staff not to connect to internal networks, the person
said.
Houston, Texas-based Halliburton is one of the largest oilfield services firms
in the world, providing drilling services and equipment to major energy
producers around the globe. It had nearly 48,000 employees and operated in more
than 70 countries at the end of last year.
Advertisement · Scroll to continue

Cyberattacks have been a major headache for the energy industry. In 2021,
hackers attacked the Colonial Pipeline with ransomware, causing a days-long
shutdown to the major fuel supply line.
That breach, which the FBI attributed to a gang called DarkSide, led to a spike
in gasoline prices, panic buying and localized fuel shortages.
Several major U.S. companies have suffered ransomware attacks in recent years,
including UnitedHealth Group (UNH.N), opens new tab, gambling giants MGM Resorts
International (MGM.N), opens new tab, Caesars Entertainment CZR.O and consumer
good maker Clorox (CLX.N), opens new tab.

While its unclear what exactly is happening at Halliburton, ransom software
works by encrypting victims' data. Typically, hackers will offer the victim a
key in return for cryptocurrency payments that can run into the hundreds of
thousands or even millions of dollars.
If the victim resists, hackers sometimes threaten to leak confidential data in a
bid to pile on the pressure.
The ransomware group DarkSide, suspected by U.S. authorities of the Colonial
Pipeline attack, for example, said it wanted to make money. Colonial Pipeline's
CEO said his company paid a $4.4 million ransom as executives were unsure how
badly its systems were breached or how long it would take to restore the
pipeline.


Get weekly news and analysis on the U.S. elections and how it matters to the
world with the newsletter On the Campaign Trail. Sign up here.

Reporting by Liz Hampton in Denver and Chris Sanders in Washington

Our Standards: The Thomson Reuters Trust Principles., opens new tab

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