PDVSA failed to set firewalls to contain $2bn assault

Petroleos de Venezuela SA (PDVSA) signage is displayed on a building in Puerto La Cruz, Anzoategui State, Venezuela, on Wednesday, Feb. 7, 2018. Hunger is hastening the ruin of Venezuelan's oil industry as workers grow too weak and hungry for heavy labor. Absenteeism and mass resignations mean few are left to produce the oil that keeps the tattered economy functioning. Photographer: Wil Riera/Bloomberg
Petroleos de Venezuela SA (PDVSA) signage is displayed on a building in Puerto La Cruz, Anzoategui State, Venezuela, on Wednesday, Feb. 7, 2018. Hunger is hastening the ruin of Venezuelan's oil industry as workers grow too weak and hungry for heavy labor. Absenteeism and mass resignations mean few are left to produce the oil that keeps the tattered economy functioning. Photographer: Wil Riera/Bloomberg

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