Disruptions at Texas Key Oil Field Supplier due to Ransomware Attack

November 11, 2024

INCIDENT

Newpark Resources discovered the ransomware attack on October 29 that affected internal information systems. “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,” the company told the U.S. Securities and Exchange Commission (SEC).

“However, the Company’s manufacturing and field operations have continued in all material respects utilizing established downtime procedures.”

The company has not determined what the costs and financial impacts of the incident will be at this time.

Incident Date

October 29, 2024

Estimated Cost


No cost values disclosed.

Type of Malware

No Malware identified

Threat Source

No threat source identified