Form 8-K · Current Report · Filed 2024-09-03
Halliburton Discloses Material Cybersecurity Incident
On August 30, 2024, Halliburton Company reported a material cybersecurity incident where an unauthorized third party gained access to certain of its systems on August 21, 2024.
- Filer
- Halliburton Co. HAL · NYSE
- Filed
- Accession
- 0000045012-24-000052
- CIK
- 0000045012
- Signal
- UnratedEnergy
- Source
- Official filing on sec.gov ↗
Details
The company has activated its cybersecurity response plan, launched an internal investigation with external advisors, and taken certain systems offline to protect them. Halliburton is also notifying law enforcement and has been communicating with customers and stakeholders. The company believes the intruder accessed and exfiltrated information from its systems but does not expect the incident to materially impact its financial condition or results of operations. Halliburton is assessing the nature and scope of the information and evaluating required notifications.
Market reaction
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$31.09
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Since filing
+3.7%
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About Halliburton Co.
Halliburton Co. is a prominent American multinational corporation that provides products and services to the energy industry, with a particular focus on oil and gas exploration, development, and production. As one of the world's largest oilfield service companies, Halliburton plays a crucial role in supporting the upstream part of the oil and gas value chain. The company offers an array of services such as well drilling and evaluation, field development, digital solutions, and various tools for optimized drilling performance. With operations spread across more than 70 countries, Halliburton significantly impacts sectors like energy supply, natural resources, and environmental management. By facilitating more efficient extraction methods and technological advancements, Halliburton contributes to advancements in energy sustainability and the global energy framework. Through its size and operational reach, it influences both regional energy markets and international energy policy, underscoring its importance within the global economic landscape.
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