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Halliburton Reports $35 Million Loss from Ransomware Attack

/ 1 min read

Halliburton reports $35 million loss from August ransomware attack. The company disclosed that a ransomware attack by the RansomHub gang led to significant operational disruptions and the shutdown of IT systems, resulting in a $35 million loss. Despite the breach, Halliburton’s financial outlook remains stable, with only a minor impact on adjusted earnings. Ongoing investigations are focused on the nature of the stolen data, which could pose future risks if exploited.