Newpark Resources, a Texas-based oilfield supplier, recently reported a ransomware attack that impacted its information systems and business applications. The company detected the breach on October 29 and responded by initiating a cybersecurity response plan. This incident disrupted access to essential systems supporting Newpark’s operations, financial reporting, and corporate functions, according to a filing with the SEC. Despite these challenges, Newpark continued its manufacturing and field operations using alternative procedures to maintain business continuity. Continue here.
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