Sony's Sobering Cybersecurity Situation

Law360, New York (August 22, 2011, 2:18 PM EDT) -- The fallout from the massive data breaches suffered by Sony Corp. earlier this year now includes insurance coverage litigation. In April, hackers accessed account data on more than 100 million users of Sony's PlayStation Network, Sony Entertainment Online and Sony Pictures. Sony estimates that the attack on its data centers will cost $178 million this fiscal year, not including potential compensation to claimants.

Not surprisingly, what some are calling the "second-largest online data breach in U.S. history" has led to an avalanche of litigation. Sony has...
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