Energy Industry Contractor Reveals Limited IT System Access Due to Ransomware Attack

ENGlobal Corporation, a key player in the energy industry, is currently grappling with a ransomware attack that has disrupted its operations. The company disclosed this unfortunate event in a recent report to the U.S. Securities and Exchange Commission, revealing that the cyber breach was detected on November 25th.

According to the report, unauthorized individuals managed to infiltrate the company’s information technology system and encrypt certain data files. In response, ENGlobal Corporation has implemented measures to contain the situation, including limiting access to essential business operations for employees. Additionally, the company has initiated an internal investigation and enlisted the help of external cybersecurity experts to address the issue effectively.

As of now, the timeline for fully restoring access to the IT system remains uncertain. ENGlobal Corporation has acknowledged that it is yet to ascertain whether this cyber incident will have a substantial impact on its financial performance. It is worth noting that no ransomware group has claimed responsibility for the attack at this time.

Established in 1985, ENGlobal Corporation specializes in designing and constructing automated control systems for a wide range of clients, including commercial companies and federal government agencies. The company operates both domestically and internationally within the energy sector, offering services in planning and facility design. In the last quarter, ENGlobal Corporation reported revenue of nearly $6 million, with a total of $18.4 million for the first nine months of the year.

Unfortunately, ransomware attacks are not limited to ENGlobal Corporation. Just recently, another prominent energy industry contractor reported a similar incident to the SEC. Furthermore, over the weekend, a state-owned energy provider in Costa Rica fell victim to a ransomware attack by an unidentified group. These cyber breaches can potentially expose sensitive information and plans of government facilities, highlighting the importance of robust cybersecurity measures in place.

Stay informed about the latest updates on cybersecurity and industry insights by leveraging resources like the Recorded Future Intelligence Cloud. Stay vigilant and prioritize security practices to safeguard against potential cyber threats.