Halliburton Says It Believes Recent Cyber Incident Has Not Had, And Is Not Reasonably Likely To Have, A Material Impact On Its Financial Condition Or Results Of Operations - Filing
Portfolio Pulse from Benzinga Newsdesk
Halliburton disclosed a cyber incident where an unauthorized third party accessed its systems. The company believes this will not materially impact its financial condition or operations. However, risks such as potential litigation and regulatory scrutiny remain.
September 03, 2024 | 10:42 am
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NEUTRAL IMPACT
Halliburton experienced a cyber incident with unauthorized access to its systems. The company does not expect a material financial impact but acknowledges potential risks such as litigation and regulatory scrutiny.
The company has stated that the cyber incident is not expected to have a material impact on its financial condition or operations. However, the mention of potential risks such as litigation and regulatory scrutiny suggests that there could be some negative sentiment or uncertainty in the short term. The company's confidence in no material impact supports a neutral score.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100