Halliburton Energy Services – one of the largest oil field service companies – has admitted that hackers infiltrated. Its systems and that ‘information was accessed and exfiltrated‘ during the recent cyber attack.
Still More Assessment and Notifications of Possible Breach of Data
In a concisely worded amendment to the documentation submitted. The authorities on September 24, Halliburton business – to explain the type of data breach notification abandonment – “it is evaluating the nature and scope of the information to be issued.”
Emergency Measures Taken: The Systems Were Disabled, and the Damage From the Incident was Estimated
Some of the systems were taken offline for operational security reasons. Immediately after the cyber attack was detected, Halliburton reported that it did not detect any immediate risk to its ongoing business.
Poor Relations Management and Risk of Data Exposure
Halliburton’s spokesperson, Amina Rivera, responded without elaborating further or identifying the kinds of data that were compromised. “We are not commenting on the information disclosed in our submission,” Rivera said.
Discovery, Restoration, and State of Public Systems
According to Halliburton, restoration of their systems and estimation of the data breached are among the activities incorporated within the current “ongoing investigation and response.” However, according to reports from TechCrunch, a large number of the company’s public systems were offline during the writing of this paper.
A Contextual Background on Halliburton as A Global Business Entity
Halliburton is an American company engaged in the exploration, construction as well as production of oil and gas from wells worldwide employing approximately 48,000 workers as its last available public filings indicate. The company is infamous for being involved in the Deepwater Horizon oil rig catastrophe that occurred in the Gulf of Mexico in 2010. Which led to Halliburton agreeing to plead guilty to the U.S. government charges and settle for 1.1 billion.
Ransom Malware: A Link to RansomHub Group Including
The above bore some attack, but Halliburton offered little more than what the attack was about. Rivera asked on more than one occasion, would not hedge that attack involved ransomware.
Precedent of the Ransom Note Aspects of Ransom The Role of RansomHub in Cyberattack
This ransom note was said to be related to the Halliburton case and claimed that RansomHub hacked into the company, encrypted its files, and stole them. So far, Halliburton has not appeared on the site, which is a catalogue of the gang’s extorted stolen files. It is typical of such gangs to name and shame intended victims through the press when demands are not met.
Reporting of RansomHub: Over 210 Victims Owed Ransom from February 2024
Until February 2024, when RansomHub was founded, law enforcement reported that RansomHub had extorted more than 210 individuals to date. This is a rotational pro-activity because the gang has also been linked to the assault of a u.s health tech giant called Change Healthcare.
Financial Implications and Cyber Security Surveillance
Halliburton has stated that certain expenses have been recognized. The financial statements and that additional amounts of such expenses will be recognized in the future. This means that Halliburton registered revenue of an impressive $23 in the fiscal year 2023. In this regard, the company’s head, Jeff Miller, received $19 million in executive compensation as well.
Who is in Charge of Halliburton’s Cyber Security? Why the Secrecy
When asked to identify who currently supervises Halliburton’s cybersecurity division. The company refused to provide this information and did not permit any other interview.
