Halliburton Faces Cyberattack Disruption

Oil giant Halliburton is currently dealing with a significant computer system issue that is reportedly linked to a cyberattack. Sources familiar with the situation informed Reuters that the attack is affecting operations at the company's Houston campus and some of its global networks. While Halliburton has not confirmed the cyberattack, a spokesperson acknowledged an unspecified "issue" and stated that the company is actively assessing the situation. In a statement, Halliburton emphasized its commitment to addressing the problem, saying, "We have activated our pre-planned response plan and are working internally and with leading experts to remediate the issue." However, the company has refrained from providing specific details about the nature of the incident. Representatives from the Energy Department and the American Petroleum Institute were not available for comment on the matter. The incident highlights a growing trend of cyberattacks disrupting business operations across various sectors. Earlier this year, a ransomware attack on CDK Global affected thousands of auto dealers in the U.S., leading to a reported $25 million ransom payment. Additionally, a 2021 ransomware attack on Colonial Pipeline caused widespread panic buying and fuel shortages along the East Coast. Experts warn that the attack on Halliburton underscores the vulnerabilities faced by companies operating critical infrastructure. Eric Noonan, CEO of CyberSheath, stressed the importance of robust cybersecurity measures, stating that the current situation poses significant risks and costs to the American public.