Sony News

Zurich Says Its Policy for Sony Doesn’t Cover Data Breach

One of Sony Corp.’s insurers has asked a court to declare that it does not have to pay to defend the media and electronics conglomerate from mounting legal claims related to a massive data breach earlier this year. The dispute …

Sony Insurer, Zurich, Files Suit to Deny Data Breach Coverage

One of Sony Corp’s insurers has asked a court to declare that it does not have to pay to defend the media and electronics conglomerate from mounting legal claims related to a massive data breach earlier this year. The dispute …

Sony Says Protecting Content Made It Hackers’ Target

Sony Corp. believes it was targeted by hackers because it tried to protect its intellectual property, CEO Howard Stringer told a shareholders’ meeting at which he sidestepped a call for him to step down over the incident. Sony has been …

Draft Data Breach Bill Requires Quick Disclosure

Draft legislation is being circulated in Congress that would require firms to make reasonable efforts to secure customers’ personal data and to provide quick disclosures in the case of a data breach. U.S. Representative Mary Bono Mack, who has held …

Lloyd’s Highlights Potential Impact from Cyber Crime, Data Loss

Cyber crime has become a high profile problem for risk managers, heightened as a result of the recent attacks by hackers on Sony. In an article on its web site Lloyd’s notes that risk manager are increasingly concerned “over the …

Hackers Attack Another Sony Network; Post Data on 1 Million Users

Hackers broke into Sony Corp.’s computer networks and accessed the information of more than 1 million customers to show the vulnerability of the electronic giant’s systems, the latest of several security breaches undermining confidence in the company. LulzSec, a group …

Sony Hacked Again

Sony Corp has been hacked again. So-Net, the Internet service provider unit of Japan’s Sony, alerted customers that an intruder broke into its system and stole virtual points from account holders worth $1,225. This latest setback comes after personal information …

Lawyers Eye Data Breach Lawsuits But Damages Uncertain

The recent hacker attack at Sony Corp. and other corporate data breaches are attracting more class-action lawyers eager to score a payday, though huge monetary settlements may be elusive. At least 25 lawsuits have been filed against Sony in U.S. …

Sony’s Insurers to Help Foot Bill for Data Breach

Sony is looking to its insurers to help pay for its massive data breach, an amount that one expert estimates could exceed $2 billion, but others said insurers may balk at ponying up that kind of money. “We have a …

Sony Calls on Insurers to Help Pay for Data Breach

Sony is looking to its insurers to help pay for its massive data breach, an amount that one expert estimates could exceed $2 billion, but others said insurers may balk at ponying up that kind of money. “We have a …