Texas Oilfield Supplier Newpark Hit by Ransomware

Newpark Resources this week announced that access to certain information systems and business applications has been disrupted following a ransomware attack.

The incident was discovered on October 29 and a cybersecurity response plan was immediately activated, the Texas-based provider of drilling fluids systems and composite matting systems for the oilfield sector said in a filing with the Securities and Exchange Commission (SEC).

“The incident has caused disruptions and limitation of access to certain of the company’s information systems and business applications supporting aspects of the company’s operations and corporate functions, including financial and operating reporting systems,” Newpark said.

According to the company, reverting to downtime procedures allowed it to continue manufacturing and field operations uninterrupted. 

See more: https://www.securityweek.com/texas-oilfield-supplier-newpark-hit-by-ransomware

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