According to sources, Newpark Resources (a Critical Infrastructure organization in Texas) was hit with a cyber attack. It was first reported on 2024-11-08.

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Source 1  |  2024-11-08

Newpark Resources Hit by Ransomware Attack, Disrupting Key Systems

“Newpark Resources, a key supplier to the oilfield industry has disclosed that it fell victim to a ransomware attack that disrupted access to critical systems and limited the functionality of certain business applications, last week. “

“The company, which provides drilling tools and equipment to oilfields, as well as other energy-related industries such as pipelines and petrochemicals, disclosed the incident in a regulatory filing with the U.S. Securities and Exchange Commission (SEC). “

“According to Newpark, the ransomware attack was detected on October 29, 2024. The company’s statement detailed that an unauthorized third party had gained access to some of its internal information systems. In response, Newpark quickly activated its cybersecurity response plan, engaging both internal resources and external advisors to investigate and contain the incident. “

“The incident, the Newpark Resources cyberattack, has caused disruptions across various internal systems and has limited access to key applications essential to Newpark’s operations. This includes systems for financial reporting and other corporate functions. Despite these challenges, the company reassured stakeholders that its manufacturing and field operations have remained largely operational, thanks to established downtime procedures put in place to mitigate such risks. “

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