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Halliburton logoHalliburton HAL

The company said it became aware on August 21, 2024 that an unauthorized third party had gained access to certain of its systems. It said it activated its cybersecurity response plan and launched an internal investigation with the support of external advisors.

8-KMaterial Cybersecurity IncidentsFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said it became aware on August 21, 2024 that an unauthorized third party had gained access to certain of its systems. It said it activated its cybersecurity response plan and launched an internal investigation with the support of external advisors.

  2. The company said it proactively took certain systems offline as a response measure and notified law enforcement. It said it is restoring systems and assessing the impacted data, and it is also communicating with customers and other stakeholders.

  3. The company said the incident caused disruptions and restricted access to parts of the business applications that support some of its operations and corporate functions. It believes the unauthorized third party exfiltrated information from its systems and is evaluating the nature and scope of that information.

  4. The company said it has incurred response-related expenses and may continue to incur them. As of the date of the filing, it believes the incident has not had, and is not reasonably likely to have, a material impact on its financial condition or results of operations. It said risks remain, including potential litigation and close scrutiny from regulators.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Unauthorized access detected on August 21, 2024

The company said it became aware on August 21, 2024 that an unauthorized third party had gained access to certain of its systems. It said it activated its cybersecurity response plan and launched an internal investigation with the support of external advisors.

Source · Based on the filing body and exhibits

Systems taken offline and law enforcement notified

The company said it proactively took certain systems offline as a response measure and notified law enforcement. It said it is restoring systems and assessing the impacted data, and it is also communicating with customers and other stakeholders.

Source · Based on the filing body and exhibits

Halliburton Reports Disruption to Business Applications and Estimates Data Removal

The company said the incident caused disruptions and restricted access to parts of the business applications that support some of its operations and corporate functions. It believes the unauthorized third party exfiltrated information from its systems and is evaluating the nature and scope of that information.

Source · Based on the filing body and exhibits

Company view on financial impact and remaining risks

The company said it has incurred response-related expenses and may continue to incur them. As of the date of the filing, it believes the incident has not had, and is not reasonably likely to have, a material impact on its financial condition or results of operations. It said risks remain, including potential litigation and close scrutiny from regulators.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.